Bitwise, SVRN Bet on NEAR as AI Infrastructure Thesis Takes Shape

Bitwise’s NEAR ETF and SVRN’s ambition to accumulate 10% of the token’s supply are opening different routes into the same investment thesis: blockchain infrastructure for an AI-driven economy. In an interview with Bitcoin.com News, their executives explained where they see value and how it could reach investors. Wall Street has spent years learning how to buy bitcoin and ethereum. Bitwise’s Matt Hougan and SVRN’s Sal Ternullo are making a more demanding pitch: invest in the infrastructure that could allow AI agents to transact. Bitwise is pursuing that opportunity through its NEAR ETF, NRR.