Bitwise has rolled out the Bitwise NEAR ETF (NRR), marking the initial U.S. spot exchange-traded vehicle to offer direct exposure to NEAR, with sessions kicking off today, Sept. 29, on NYSE Arca.
The product features a management fee of 0.75%, and the investment manager plans to handle the staking of its NEAR assets internally, with all staking yields flowing directly to investors via the fund’s net asset value.
This rollout grows Bitwise’s collection of single-asset crypto ETFs by adding NEAR, which the organization characterizes as foundational infrastructure for a developing artificial intelligence-driven marketplace.
“Artificial intelligence is deeply transforming the ways we retrieve data and execute financial transactions,” stated Bitwise Chief Executive Officer Hunter Horsley in a statement. “We are heading toward an era where AI agents will frequently represent us, collaborate together, and engage in market activity. We contend that this transition—moving toward an agentic economy where a greater volume of actions are executed by AI entities—has the potential to open up a massive fresh horizon for worldwide commerce. NEAR is constructing a framework to support that destiny.”
NRR is now part of Bitwise’s existing suite of single-token crypto ETPs, which features the Bitwise Bitcoin ETF (BITB), Bitwise Ethereum ETF (ETHW), Bitwise Solana ETF (BSOL), Bitwise XRP ETF (XRP), alongside the Bitwise Hyperliquid ETF (BHYP).
NEAR Protocol functions as a decentralized blockchain network engineered to streamline the development and launch of decentralized applications, also known as dapps. It delivers high-capacity, creator-centric infrastructure, utilizing a proof-of-stake validation protocol that guarantees sustainable and protected transactions.
At present, the (NEAR) coin changes hands near $4.93, boasting a valuation totaling approximately $6.5 billion as of this writing, positioning it among the top 20 cryptocurrencies excluding stablecoins.
Originally published at https://www.theblock.co/news/markets/2026-09-29-bitwise-near-etf-nrr-launch-staking-417150.
