#bitwisefilesfinalnearspotetfprospectus 🚨 THE NEAR ETF BRINGS STAKING TO WALL STREET!
The Bitwise NEAR ETF, whose ticker is NRR, is getting closer to launch after its registration takes effect on September 24.
Here’s what traders should watch:
🔹 100% of the fund’s NEAR holdings can be put into staking.
🔹 67% of staking rewards go directly to shareholders.
🔹 The sponsor fee is 0.75%.
🔹 Coinbase Custody and BNY Mellon support the structure.
🔹 Key risks include validator slashing and delays in case of potential issues related to sharding.
Compared to Bitwise’s Solana ETF, NRR offers exposure to staking—at higher fees.
Could staking-based ETFs be the future to give investors access to altcoins? 👀
What do you think about NEAR? Share your thoughts in the comments
#Near #nearprotocol #crypto #cryptotrading
$NEAR
$SOON
$QNT
The Bitwise NEAR ETF, whose ticker is NRR, is getting closer to launch after its registration takes effect on September 24.
Here’s what traders should watch:
🔹 100% of the fund’s NEAR holdings can be put into staking.
🔹 67% of staking rewards go directly to shareholders.
🔹 The sponsor fee is 0.75%.
🔹 Coinbase Custody and BNY Mellon support the structure.
🔹 Key risks include validator slashing and delays in case of potential issues related to sharding.
Compared to Bitwise’s Solana ETF, NRR offers exposure to staking—at higher fees.
Could staking-based ETFs be the future to give investors access to altcoins? 👀
What do you think about NEAR? Share your thoughts in the comments
#Near #nearprotocol #crypto #cryptotrading
$NEAR
$SOON
$QNT
