Bitwise NEAR ETF Sees $35.5 Million in Net Inflows on Launch Day

The Bitwise NEAR ETF (NRR), the first spot NEAR ETP in the U.S., recorded $35.5 million in net inflows and $15.1 million in trading volume on its first day, reaching $36 million in assets under management. Bitwise plans to stake the NEAR tokens held by the fund to capture approximately 5% in annual staking rewards.