s/danrobinsonCRYPTO FUNDS•7h
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Bitwise’s spot NEAR ETF pulls in $35.5 million on day one
NEAR’s first U.S. spot ETF pulled in $35.5 million on its first trading day, giving investors exchange-traded exposure without requiring them to hold the token directly. NEAR also jumped 8.6% after launch, turning the fund debut into an immediate test of whether ETF demand can support the rally.
Bitwise’s fund began trading on the New York Stock Exchange and pushes U.S. crypto ETFs beyond bitcoin and larger-cap assets. The $35.5 million first-day inflow is the clearest early measure of demand.
Bitwise’s fund began trading on the New York Stock Exchange and pushes U.S. crypto ETFs beyond bitcoin and larger-cap assets. The $35.5 million first-day inflow is the clearest early measure of demand.
Timeline2
1d
Bitwise’s first U.S. spot NEAR ETF began trading.
11h
The ETF was reported to have attracted $35.5 million on day one as NEAR rose 10%.
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7h