NEAR Rallies Following Bitwise ETF Launch and Ecosystem Growth

NEAR is experiencing significant gains, trading around $5.37 with a 10% daily increase, driven by the launch of the Bitwise NEAR spot ETP on NYSE Arca and the expansion of NEAR Intents. The Bitwise product, which carries a 0.75% annual management fee, allows U.S. investors to gain exposure to NEAR and includes staking rewards. Additionally, NEAR Intents has surpassed $30 billion in cumulative volume across more than 35 networks.