Bitwise's NEAR ETF Secures Approval for NYSE Arca Listing Under Ticker NRR

Bitwise's Near ETF has received approval to list on NYSE Arca under the ticker NRR, after going through several regulatory processes.

The listing will enable investors to gain access to Near Protocol through traditional brokerage infrastructure, with Bitwise stating that 100% of the fund's holdings will be staked to earn rewards and increase token value.

According to Bitwise's final prospectus, the base-case price scenario for NEAR is $155 in 2030, while the maximum case is $562. The bear-case scenario is set at $1.63.