A staking product crossing $100M in assets is a different signal from a price move. It is money choosing to hold through a wrapper rather than trade the token.
The part worth watching in any staking wrapper is what happens to the yield and who carries the unstaking risk, because that is where these products differ from simply holding the asset yourself.
$NEAR is at $4.56, roughly flat on the day, inside a $4.227 to $4.687 range on $450M of volume, which is heavy for a quiet tape.
Does a wrapper change how you would hold a staking asset? #BitwiseNEARStakingETPAssetsTop$100M $NEAR
The part worth watching in any staking wrapper is what happens to the yield and who carries the unstaking risk, because that is where these products differ from simply holding the asset yourself.
$NEAR is at $4.56, roughly flat on the day, inside a $4.227 to $4.687 range on $450M of volume, which is heavy for a quiet tape.
Does a wrapper change how you would hold a staking asset? #BitwiseNEARStakingETPAssetsTop$100M $NEAR
