$NEAR INCREASES BY ALMOST 3X, BITWISE LAUNCHES A SPOT ETF

$NEAR increases by nearly 3 times since August, along with a series of notable developments in the ecosystem:

• Private trading: more than $70 million in locked assets under a secure mode, activating a user rewards program.
• Tokenized assets: partnering with $ONDO , enabling eligible users to trade tokenized stocks and US ETFs.
• AI infrastructure: developing trading capabilities for AI agents, with cross-chain accumulated volumes exceeding $30 billion.

On September 29, Bitwise launched the NEAR spot ETF with ticker NRR on NYSE Arca. The fund is expected to stake NEAR to earn rewards.

The first trading session recorded $35.5 million in net inflows, bringing assets under management to $36 million.

After the launch, the focus will be on the ability to sustain fund inflows and the real-world usage level of the ecosystem.

#NEAR #ETF #ONDO