Here are the S-1 registration statements from Grayscale Near Trust (GSNR) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An S-1 covers the registration statement a company files to sell shares publicly, so if you follow GSNR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GSNR filings page.
Grayscale Near Trust is registering an indeterminate number of NEAR-backed Shares for continuous issuance and a planned NYSE Arca listing under the symbol GSNR. The Delaware statutory trust holds the NEAR digital asset and seeks for its Shares to track the value of NEAR, as measured by a CoinDesk Near benchmark index, less fees and expenses.
Shares are issued and redeemed only in 10,000-Share Baskets through Authorized Participants, via in-kind NEAR transfers or cash creations and redemptions facilitated by third‑party Liquidity Providers. The trust is not registered as an investment company or commodity pool and currently cannot stake NEAR; future staking is allowed only if strict tax and regulatory conditions are met. The prospectus highlights extensive risks tied to NEAR price volatility, evolving regulation, staking, market liquidity, and reliance on service providers.
Grayscale Near Trust (NEAR) has filed a Form S-1 to register an indeterminate number of Shares and list them on NYSE Arca under the symbol GSNR, transitioning from OTCQB trading. The Trust is a Delaware statutory trust designed as a passive vehicle that holds the digital asset NEAR, with Shares intended to track the value of NEAR held (including any NEAR earned from potential future staking), less expenses, using a CoinDesk NEAR reference index for pricing. Shares are created and redeemed only in 10,000‑Share Baskets by Authorized Participants through in‑kind NEAR transfers or cash orders facilitated by unaffiliated Liquidity Providers. The Trust is not registered under the Investment Company Act and is treated as an emerging growth company, and the prospectus highlights extensive digital-asset, regulatory, liquidity, staking and operational risks, including the possibility that Shares could trade at significant premiums or discounts to NAV and could lose substantially all of their value.