【Staking rewards made it into an ETF, but net returns are just 3.31%⚡🌾】
Group chat: 📲 加入X先生的粉丝群聊跟进行情
A net asset value disclosure posted at 10:17 this morning put Bitwise’s NEAR spot ETF (ticker: NRR) at a net staking yield of 3.31%. The gross yield for the same fund is 4.94% 🍚
That’s a gap of 1.63 percentage points. The breakdown is crystal clear: 33% of staking rewards go to service providers, while the trust keeps about 67%. According to the official figures, the fund aims to stake 100% of its holdings 🧮
Here’s the quick math: a $100 investment would earn about $4.94 a year before fees, and $3.31 after the split. The yield hasn’t fallen; what’s smaller is the slice that actually reaches investors 📉
NRR launched on September 29 as the first U.S. spot NEAR ETP. The issuer has about $9 billion in client assets. Until now, spot ETFs only offered exposure to price movements. Now staking rewards are on the table too, and it’s easy to see who takes how much 🌾
I don’t think 3.31% is all that impressive. What’s worth watching is whether later entrants push that 33% cut down. When similar products compete, they often start by comparing fee schedules 🔍
When choosing an ETF with staking, do you look at the net yield first or the share of rewards taken in fees?
#NRR #NEARETFnews
Group chat: 📲 加入X先生的粉丝群聊跟进行情
A net asset value disclosure posted at 10:17 this morning put Bitwise’s NEAR spot ETF (ticker: NRR) at a net staking yield of 3.31%. The gross yield for the same fund is 4.94% 🍚
That’s a gap of 1.63 percentage points. The breakdown is crystal clear: 33% of staking rewards go to service providers, while the trust keeps about 67%. According to the official figures, the fund aims to stake 100% of its holdings 🧮
Here’s the quick math: a $100 investment would earn about $4.94 a year before fees, and $3.31 after the split. The yield hasn’t fallen; what’s smaller is the slice that actually reaches investors 📉
NRR launched on September 29 as the first U.S. spot NEAR ETP. The issuer has about $9 billion in client assets. Until now, spot ETFs only offered exposure to price movements. Now staking rewards are on the table too, and it’s easy to see who takes how much 🌾
I don’t think 3.31% is all that impressive. What’s worth watching is whether later entrants push that 33% cut down. When similar products compete, they often start by comparing fee schedules 🔍
When choosing an ETF with staking, do you look at the net yield first or the share of rewards taken in fees?
#NRR #NEARETFnews