Bitwise NEAR ETF Clears Listing and Registration Hurdles, Paves Way for Launch

The Bitwise NEAR ETF has cleared its listing and registration hurdles, according to recent reports. The NRR product plans to stake its NEAR holdings, with a 0.75% annual management fee and a separate charge on staking rewards.

This development marks an important milestone for the fund, which aims to provide investors with exposure to the NEAR protocol. By staking its holdings, the NRR product will participate in the validation of transactions on the NEAR network.