Bitwise Investment Advisers obtained simultaneous approvals from NYSE Arca and the SEC on September 24, 2026, for its spot NEAR ETF, which will trade under the ticker NRR. The fund will directly hold NEAR tokens and stake the entirety of its holdings to generate staking rewards in addition to price exposure. Coinbase Custody will handle token custody while BNY Mellon will manage cash custody and administrative services, with an annual management fee set at 0.75%. NEAR’s token price surged approximately 20% within 24 hours of the announcement and roughly 26% over the following week.
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