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Bitwise starts trading its first US spot near ETF

The fund began trading Tuesday on NYSE Arca, offering brokerage accounts Near exposure and staking rewards as the token has surged since August.

Reported · Written up by our desk · Market Structure

Bitwise launched its first US spot NEAR ETF, with the NRR fund beginning trading on NYSE Arca on Tuesday, according to Decrypt.

The launch is designed to give brokerage accounts NEAR exposure, while also providing staking rewards through the product.

Decrypt reports that the move comes as the AI-focused NEAR token has nearly tripled since August.

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