POPA ReconBitwise Launches First US Spot NEAR ETF With Staking
Bitwise Launches First US Spot NEAR ETF With Staking Bitwise launched a spot NEAR ETF, the first in the US. It trades on NYSE Arca under the ticker NRR with a 0.75% management fee. Bitwise will stake the fund's NEAR in-house, aiming for NEAR's ~5% average staking rewards. It already runs a NEAR staking ETP in Europe. "NEAR sits at the intersection of two of the biggest trends in technology: AI and crypto," said Bitwise CIO Matt Hougan. Bitwise pitches NEAR as settlement rails for AI agents: its NEAR Intents protocol has processed over $32B in volume, up from under $1B a year ago. Partner O…
The excerpt is quoted from a public Telegram channel, which owns its text.