Bitwise Launches First US Spot NEAR Protocol ETF on NYSE Arca
Key Facts
Bitwise has introduced the first spot exchange-traded fund (ETF) focused on NEAR Protocol in the United States. Blockonomi reported that the investment vehicle commenced trading on NYSE Arca on September 29, 2026, under the ticker symbol NRR. The company stated that the launch aims to provide institutional and retail investors with regulated exposure to NEAR Protocol digital assets.
The price of the NEAR token reached the $5.00 level following the debut of the Bitwise spot ETF, marking a significant rally from approximately $2.00 earlier in September 2026. The fund implements a 0.75% yearly management charge and maintains direct holdings of NEAR tokens, while the network's current staking yield is estimated at approximately 5%.