NEAR Protocol Sees Price Surge After First U.S. Spot ETF Listing

NEAR Protocol has seen a significant price boost due to its first U.S. spot ETF listing, reaching levels around $5.10.

The listing was facilitated by Bitwise's NEAR ETF under the ticker (NRR), which saw net inflows of approximately $35.99 million in its first session, resulting in total assets of roughly $36.5 million.

However, despite the momentum generated by the ETF listing, the price has been declining since the peak at $5.57, suggesting that buyers are facing resistance at this level.