Bitwise’s NRR fund brings spot NEAR exposure to U.S. markets

NEAR now has a U.S.-listed investment product, giving investors spot exposure without holding the token directly. Bitwise’s fund, ticker NRR, began trading on NYSE Arca as NEAR was up 180% over the prior 30 days, putting the launch alongside a sharp rally and concerns about post-launch volatility.

NRR charges a 0.75% annual fee and will stake its NEAR holdings in-house. The staking rewards will flow to shareholders through the fund’s net asset value.