3h ago

Bitwise lists US spot NEAR ETF NRR on NYSE Arca from Sept. 29, 2026 with planned staking rewards

AI Market Summary

Bitwise's launch of NRR on NYSE Arca introduces the first US-listed spot NEAR ETF, expanding regulated access to NEAR and potentially broadening the investor base. The structure aims to incorporate staking rewards into NAV (cited ~5% annualized as of Sep 25, not guaranteed), differentiating it from non-yield spot vehicles. A 0.75% fee may temper net yield appeal but validates institutional-grade productization.

Impact level

● Medium

Affected assets

NEAR/USDT-4.60%

AI Insight · NEAR/USDTAI Insight

▲ Bullish

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Bitwise launched the first US spot NEAR ETF on NYSE Arca on Sept. 29, 2026, with shares trading under the ticker NRR. The fund directly holds NEAR tokens and is designed to incorporate staking rewards into its net asset value rather than paying them out to shareholders. Bitwise disclosed an annualized staking reward rate of about 5% as of Sept. 25, 2026, though it said the rate is not fixed. NRR charges a 0.75% management fee.

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