Bitwise announced on September 29 that the first NEAR spot ETP in the United States has started trading.
The Bitwise NEAR ETF trades on NYSE Arca under ticker NRR.
The management fee is 0.75%. The fund provides NEAR spot exposure.
Bitwise plans to stake the NEAR held within the fund itself, aiming to capture as much of the NEAR average staking rewards of about 5% as possible. This roughly 5% is the annualized current interest rate as of September 25; returns are not guaranteed and may change.
It is not an investment company registered under the Investment Company Act of 1940.
$NEAR
https://bitwiseinvestments.com/newsroom/the-bitwise-near-etf-nrr-launches-as-first-spot-near-etp-in-the-us
The Bitwise NEAR ETF trades on NYSE Arca under ticker NRR.
The management fee is 0.75%. The fund provides NEAR spot exposure.
Bitwise plans to stake the NEAR held within the fund itself, aiming to capture as much of the NEAR average staking rewards of about 5% as possible. This roughly 5% is the annualized current interest rate as of September 25; returns are not guaranteed and may change.
It is not an investment company registered under the Investment Company Act of 1940.
$NEAR
https://bitwiseinvestments.com/newsroom/the-bitwise-near-etf-nrr-launches-as-first-spot-near-etp-in-the-us