Bitwise Launches Its First US Spot NEAR ETF Token, Which Has Nearly Doubled in Value Since August
2026-09-30 04:38:49
CoinMeta Data: Bitwise began trading its NEAR ETF on Tuesday, providing American investors with a way to invest in a NEAR blockchain focused on AI through a regular brokerage account. The fund trades on NYSE Arca under the code NRR and has an annual fee of 0.75%. Bitwise calls this the first spot NEAR fund in the United States; "spot" means that the fund holds actual NEAR tokens, rather than futures contracts. NEAR is currently trading at just over $5 per token, with a market value of $6.5 billion, although it is still down by about 75% compared to its historical high of $20.
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Source:Decrypt
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