Grayscale has submitted an S-1 filing to the SEC to launch a NEAR spot ETF, named GSNR, which will be listed on NYSE Arca. The ETF will directly hold NEAR tokens and allow subscriptions and redemptions in NEAR or cash, with Coinbase providing custody and prime brokerage services. Coinbase has announced the listing of ELSA, enabling users to buy, sell, exchange, transfer, and store the token on its platform, thereby enhancing market liquidity. Additionally, Tether has minted 1 billion USDT on the TRON network, bringing the total issuance on TRON to 2 billion USDT in 2026, indicating a growing supply of stablecoins.