#bitwisefilestolistnearetfonnysearca
🚨 A tradable exchange-traded fund (ETF) is just about to launch. But the rise started much earlier. 👀
NEAR has just crossed a key milestone on Wall Street.
Bitwise’s spot ETF, $NEAR , has been approved for listing on NYSE Arca under the ticker NRR.
And $NEAR jumped by about 18–20%.
It seems the fund is the reason for the rally, right?
Not exactly. 😂
Look at the timeline:
💰 Around $2 — NEAR in late July
🚀 Around $5 — the current range
📈 +18–20% — the latest move driven by the fund
⚡ Around $1.49B — open interest in the futures contracts
This means a large portion of this move happened before the listing approval.
And here’s the twist. 👀
The fund itself hasn’t started trading yet
#NEARUSDT #BİNANCE #SquareCommunityGuidelines101 #BTC☀
🚨 A tradable exchange-traded fund (ETF) is just about to launch. But the rise started much earlier. 👀
NEAR has just crossed a key milestone on Wall Street.
Bitwise’s spot ETF, $NEAR , has been approved for listing on NYSE Arca under the ticker NRR.
And $NEAR jumped by about 18–20%.
It seems the fund is the reason for the rally, right?
Not exactly. 😂
Look at the timeline:
💰 Around $2 — NEAR in late July
🚀 Around $5 — the current range
📈 +18–20% — the latest move driven by the fund
⚡ Around $1.49B — open interest in the futures contracts
This means a large portion of this move happened before the listing approval.
And here’s the twist. 👀
The fund itself hasn’t started trading yet
#NEARUSDT #BİNANCE #SquareCommunityGuidelines101 #BTC☀