🔈🔈 BITWISE NEAR ETF MOVES CLOSER TO U.S. LAUNCH
💥 Bitwise’s NEAR ETF has cleared key milestones toward trading on NYSE Arca under the ticker NRR.
👑 Key details:
✔️ The SEC confirmed the ETF’s registration statement became effective on September 24, 2026.
✔️ NYSE Arca approved the listing application for the ETF’s shares.
✔️ The fund is designed to hold NEAR directly, giving U.S. investors exposure through traditional brokerage accounts.
✔️ Bitwise set the management fee at 0.75% annually.
✔️ The fund also plans to stake its NEAR holdings. According to the filing, 33% of staking rewards will be used to cover staking-related costs, with the remaining portion retained by the Trust.
✔️ Coinbase Custody will provide custody for the fund’s NEAR holdings.
✔️ Bitwise expects to use an initial $500,000 seed investment to purchase NEAR before or at the time of listing.
🔴 Important:
Although the key regulatory and listing steps have been completed, the filing does not yet confirm the first trading date for NRR.
🔥 If launched, the product would provide U.S. investors with another regulated market route to gain exposure to NEAR Protocol.
💥 Bitwise’s NEAR ETF has cleared key milestones toward trading on NYSE Arca under the ticker NRR.
👑 Key details:
✔️ The SEC confirmed the ETF’s registration statement became effective on September 24, 2026.
✔️ NYSE Arca approved the listing application for the ETF’s shares.
✔️ The fund is designed to hold NEAR directly, giving U.S. investors exposure through traditional brokerage accounts.
✔️ Bitwise set the management fee at 0.75% annually.
✔️ The fund also plans to stake its NEAR holdings. According to the filing, 33% of staking rewards will be used to cover staking-related costs, with the remaining portion retained by the Trust.
✔️ Coinbase Custody will provide custody for the fund’s NEAR holdings.
✔️ Bitwise expects to use an initial $500,000 seed investment to purchase NEAR before or at the time of listing.
🔴 Important:
Although the key regulatory and listing steps have been completed, the filing does not yet confirm the first trading date for NRR.
🔥 If launched, the product would provide U.S. investors with another regulated market route to gain exposure to NEAR Protocol.
