Bitwise’s NEAR ETF pulls in $35.5 million on day one

Bitwise’s spot NEAR ETF pulled in a reported $35.5 million on its first day, giving U.S. investors exchange-traded access to NEAR for the first time. The fund began trading on the NYSE as demand for a dedicated product was put to a quick test.

NEAR rose 8.6% that day, adding a direct market reaction to the launch. The $35.5 million figure is the reported first-day inflow.