NYSE Arca has approved the listing of the Bitwise NEAR Protocol spot ETF under the ticker "NRR," marking the first NEAR spot ETF in the United States. Prior to this approval, U.S. investors primarily accessed NEAR exposure through the Grayscale NEAR Trust.
The fund carries a 0.75% management fee with Coinbase Custody serving as custodian and staking NEAR tokens. While a specific listing date remains unannounced, NEAR briefly rose to approximately $5 following the news.
Bitwise NEAR Spot ETF Approved for NYSE Arca Listing Under Ticker NRR
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