CoinMeta Data: Bitwise Asset Management Announces the Launch of Bitwise NEAR ETF (Code NRR) in NYSE Arca, Known as the First Spot NEAR ETP in the United States, with a Management Fee of 0.75%. The fund plans to use its own collateral team to pledge NEAR and aims to participate in approximately 5% of the average collateral rewards (data as of September 25, 2026). Bitwise, the Chief Investment Officer of Matt Hougan, stated that NEAR is at the intersection of two major trends in the crypto industry, and its NEAR Intents protocol has processed over $32 billion in transaction volume, compared to less than $1 billion a year ago. This product extends its already approved collateral ETP business in Europe to the United States.