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Crypto

Bitwise Brings Spot NEAR ETF to NYSE Arca

Guavy AI Editorial Team
Instruments
NEAR
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Bitwise has launched the first-ever spot NEAR ETF on the NYSE Arca, trading under the ticker NRR. This milestone marks a significant development in the US cryptocurrency market.

The new ETF will provide investors with exposure to the agentic economy and staking rewards through the Near Protocol.

NEAR's price experienced a sizable retracement after its peak at $5.57 on Sunday, down 10% from its opening to closing price during trading sessions.

A net spot outflow of $28.9 million was observed on Monday, the largest daily outflow in over a year.

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