Bitwise Launches First U.S. Spot NEAR ETF With 5% Staking Rewards and $32B Intents

Bitwise Asset Management has launched the first U.S. spot exchange-traded product offering direct exposure to NEAR, giving traditional investors a new route into the blockchain’s token through brokerage accounts. The Bitwise NEAR ETF debuted on NYSE Arca on September 29th under the symbol NRR, charging a 0.75% management fee, and offering a combination of the spot NEAR exposure and staking. NRR does not trade futures or other derivatives of NRR, but rather holds NRR outright.