Grayscale Files S-1 for NEAR Protocol ETF, Valued at $900K
- ETF Conversion Filing: Grayscale filed an S-1 with the SEC on January 20, 2026, to convert its Grayscale NEAR Trust into a NEAR Protocol ETF, aiming for a listing on NYSE Arca, reflecting increasing interest in ETFs that could impact NEAR Protocol's market dynamics.
- Market Reaction: The announcement triggered a 3% price rebound for the NEAR token, although it remains down 69% for the year, with current trading between $1.53 and $1.54, indicating complex market reactions and cautious investor sentiment regarding the anticipated ETF listing.
- Regulatory Uncertainty: Analysts note that the SEC's review of crypto ETP filings could take several months, and the lack of responses suggests potential complexities affecting the broader crypto market, leading investors to express cautious optimism about NEAR Protocol's performance post-filing.
- Historical Precedent: Following the SEC's October 2025 guidelines, historical acceptance of altcoin ETFs indicates potential for more listings, with Grayscale's filing reflecting growing interest in Layer 1 blockchain tokens, and ETF approval could spur new technological developments and investment strategies.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for NEAR
Technical Sentiment Analysis for NEAR Protocol (NEAR) As of , NEAR Protocol (NEAR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NEAR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, NEAR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
NEAR Protocol (NEAR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.37 | 0.605 | 0.858 | 1.093 | 1.346 | 1.581 | 1.834 |
| Fibonacci | 0.605 | 0.792 | 0.907 | 1.093 | 1.28 | 1.395 | 1.581 |
About NEAR
About the author
