The Bitwise NEAR ETF (NRR) reached $52.8 million in assets under management after just two trading days on NYSE Arca, up from $36 million on its debut day. Day two net inflows totaled $13.2 million with total trading volume reaching $20.1 million. The fund offers direct exposure to the NEAR token with built-in staking yielding approximately 5% annually, with a 0.75% annual management fee. The token’s price nearly tripled in September to settle around $4.99, while the network ranks second globally with 47 million active addresses. Bitwise CIO Matt Hougan described the launch as a ‘strong launch,’ with an accompanying report valuing NEAR Protocol as a global settlement hub for autonomous AI agents.
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