GSNR – Grayscale Near Trust – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks the Trust’s investment objective is for the value of the Shares to reflect the value of NEAR held by the Trust, determined by reference to the Reference Rate Price, less the Trust’s expenses and other liabilities. The value of the Shares of the Trust may not reflect the value of the Trust’s NEAR, less the Trust’s expenses and other liabilities, for a variety of reasons, including the holding period under Rule 144 for Shares purchased in the private placement.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
GSNR	Grayscale Near Trust	ETF	Open	—	—	May 22, 2024	$2.95M	2.500%	—	—	$230,179.65

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