Bitwise Launches First Spot NEAR ETF đ
Bitwise has officially launched its NEAR ETF on NYSE Arca, giving U.S. investors direct spot exposure to NEAR through a traditional brokerage account. The fund trades under NRR and carries a 0.75% management fee.
Thereâs an extra twist: Bitwise plans to stake the fundâs NEAR in-house, with staking rewards accruing to shareholders through the ETFâs NAV. The firm says NEARâs current annualized staking rate is around 5%, though rewards aren't guaranteed.
This marks Bitwiseâs expansion into another major altcoin ETF category, while positioning NEAR around the growing intersection of AI agents and blockchain infrastructure.
#BitwiseLaunchesFirstSpotNEARETF
Bitwise has officially launched its NEAR ETF on NYSE Arca, giving U.S. investors direct spot exposure to NEAR through a traditional brokerage account. The fund trades under NRR and carries a 0.75% management fee.
Thereâs an extra twist: Bitwise plans to stake the fundâs NEAR in-house, with staking rewards accruing to shareholders through the ETFâs NAV. The firm says NEARâs current annualized staking rate is around 5%, though rewards aren't guaranteed.
This marks Bitwiseâs expansion into another major altcoin ETF category, while positioning NEAR around the growing intersection of AI agents and blockchain infrastructure.
#BitwiseLaunchesFirstSpotNEARETF