🚨 NEAR ETF launches today!
Bitwise’s NEAR ETF (NRR) will begin trading on the NYSE Arca in the U.S. on September 29.
⏰ 21:30 Beijing time tonight
🇺🇸 09:30 U.S. Eastern time
This is one of the first spot NEAR ETFs in the U.S. market. The fund will directly hold $NEAR and participate in staking.
But I think ETF listing is only the first step.
Next, keep an eye on:
Day-one trading volume + subsequent net capital inflows.
If the interest is only high on the listing day and there’s no sustained inflow of funds, it will be hard for the price to go far based on an ETF narrative alone.
On the other hand, if there are ongoing institutional net inflows later, then NEAR’s capital logic will be completely different.
Tonight, look at the trading volume first—then look at the funds.
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