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Bitwise Launches First U.S. Spot NEAR ETF on NYSE Arca
The Bitwise NEAR ETF trades under NRR, charges a 0.75% management fee and plans to stake holdings through Bitwise’s staking team.
Bitwise launched the first U.S. spot NEAR exchange-traded product Tuesday, giving investors exposure to NEAR through the Bitwise NEAR ETF on NYSE Arca.
The fund trades under the ticker NRR and charges a 0.75% management fee. Bitwise intends to stake the fund’s NEAR holdings through its staking team, targeting participation in average staking rewards of about 5%.
