It has just received approval to launch its exchange-traded fund (ETF)
NEAR
The fund will be traded on the NYSE Arca exchange under the ticker symbol $NRR.
Bitwise has also raised its primary price target for the NEAR share to $155, with bullish projections reaching $562.
From today’s price of around $5.4, reaching $155 means roughly a 29-fold increase over about 3 years.
Why all this optimism?
These figures are based on a big assumption: that NEAR becomes a major settlement layer for the economy of smart agents (AI agents) and captures a significant share of a huge future market.
$NEAR #BitwiseFilesFinalNEARSpotETFProspectus #BitgetHackerMoves$83MStolenXRP #SOLSpotETFWeeklyInflow$188M #DogecoinETFsPostBiggestWeekSinceLaunch #TrumpRejectsIranHormuzReopening
