Bitwise Launches NEAR ETF, but Staking Adds a New Twist
TLDRBitwise launched the first U.S. spot NEAR ETF, NRR, on NYSE Arca.The fund gives investors direct exposure to NEAR without buying the token themselves.NRR carries a 0.75% management fee and plans to stake its NEAR holdings.Staking rewards will accrue to shareholders through the funds net asset value.Bitwise is positioning NEAR as blockchain infrastructure for an AI-driven economy. Bitwise has launched the Bitwise NEAR ETF, giving U.S. investors spot exposure to NEAR through a product on NYSE Arca. The fund began trading September 29 under ticker NRR. It charges a 0.75% management fee and holds NEAR rather than derivatives. Bitwise Adds NEAR to Crypto ETF Lineup NRR expands Bitwises range of single-asset crypto products. The manager offers products tied to Bitcoin, Ethereum, Solana, XRP and Hyperliquid. The new fund adds NEAR amid U.S. demand for regulated crypto products. The launch follows a strong month for the token. NEAR recently moved above $4 after a sharp September rally. NEAR gained about 80% in one week as traders tracked network activity, NEAR Intents, and new privacy-focused trading tools. Discover more Finance market insights Digital Currencies Blockchain news subscription Staking Rewards Flow Through Fund NAV Bitwise plans to stake a large share of the funds NEAR through its internal staking team. Rewards earned by









