Bitwise brings NEAR to Wall Street – But the chart isn’t impressed
Bitwise launched the first U.S. spot NEAR ETF on NYSE Arca under the ticker NRR, with a 0.75% management fee and a plan to stake the fund’s NEAR holdings. The first trading days brought $13.2 million in net inflows on Sept. 30 and pushed assets under management to $52.8 million by Day 2, alongside $20.1 million in trading volume. Separate coverage also noted NEAR’s recent ETF debut alongside record TVL growth and a large daily spot outflow in the token.
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Before this launch, there was no U.S. spot NEAR ETF trading on NYSE Arca, and now there is one with ticker NRR, a 0.75% management fee, and a stated plan to stake its NEAR holdings. What stays the same is that the fund still holds NEAR and trades on the exchange; what changes is the existence of a listed ETF wrapper around it.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 17 days ago | Bitwise brings first spot NEAR ETF to US investors event | 1 actors in common · 13 news media |
| 20 days ago | Bitwise And Vise Bring Crypto Model Portfolios To Financial Advisors event | 1 actors in common · 3 news media |
| 22 days ago | Lighter falls 11% after Bitwise’s LIT ETP launch – But there’s a catch! event | 1 actors in common · 2 news media |