«Bitwise» 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.
In addition, «Bitwise» has raised its base price target for the NEAR share to $155, with upside expectations reaching $562.
From today’s price of around $5.4, reaching $155 would mean multiplying by about 29 times over roughly 3 years.
Why all this optimism?
These figures are based on a major assumption: that NEAR becomes the main settlement layer for the smart-agent economy (AI agents) and captures a significant share of a huge future market.#Near $NEAR
NEAR
The fund will be traded on the NYSE Arca exchange under the ticker symbol $NRR.
In addition, «Bitwise» has raised its base price target for the NEAR share to $155, with upside expectations reaching $562.
From today’s price of around $5.4, reaching $155 would mean multiplying by about 29 times over roughly 3 years.
Why all this optimism?
These figures are based on a major assumption: that NEAR becomes the main settlement layer for the smart-agent economy (AI agents) and captures a significant share of a huge future market.#Near $NEAR
