Bitwise Launches NEAR ETF with Staking Rewards
Bitwise has launched the Bitwise NEAR ETF (NRR) on NYSE Arca, providing U.S. investors with spot exposure to the NEAR token and staking rewards of around 5%.
The fund gives traditional investors a new way to bet on the intersection of crypto infrastructure and the emerging AI-agent economy.
According to Bitwise's chief investment officer Matt Hougan, 'NEAR sits at the intersection of two of the biggest trends in technology: AI and crypto.'
The protocol Near Intents has processed over $32 billion in volume, with transactions finalizing in roughly 1.2 seconds and maintaining 100% uptime during six years of operation.