Bitwise NEAR Spot ETF Approved for Listing on NYSE Arca

Bitwise has received approval from NYSE Arca and the U.S. Securities and Exchange Commission (SEC) for its NEAR spot ETF, trading under the ticker "NRR." This marks the first spot NEAR ETF in the United States, with trading expected to commence on the 29th. Additionally, Bitwise's European division projected in a 2025 report that the price of NEAR could reach approximately $156 by the end of 2030 under its base-case scenario.