Bitwise launches first US spot NEAR ETF as token price rises 6%
Image: CoinGapeBitwise launched its first U.S. spot NEAR ETF, giving investors regulated access to NEAR with staking rewards. NEAR price rose 6% to $5.38 after Bitwise CEO Matt Hougan highlighted the network's AI-agent potential and existing operating business. NEAR Intents, the network's cross-chain trading system, has processed over $30 billion in cumulative volume, with 30-day volume up 896% year-over-year. The token posted a triple-digit 30-day rally as of the reports' publication.
Key points
- Bitwise launched the first U.S. spot NEAR ETF offering regulated access and staking rewards.
- NEAR price rose 6% to $5.38 after Bitwise CEO Matt Hougan praised its AI and existing business potential.
- NEAR Intents has processed over $30 billion in cumulative volume as of the reports' publication.
Why it matters
The Bitwise NEAR ETF provides U.S. investors a new regulated access point for NEAR with staking rewards. NEAR Intents' $30 billion-plus cumulative volume demonstrates growing real-world network usage.
What's unclear
The two reports give conflicting figures for NEAR's 30-day price gain: over 130% versus 122%.
Price context · NEAR
At publication
$5.39
Now
$5.28
Change since
−2.04%
7 days · dashed line = publication
Sources · 2 publishers
CoinCentral
Tier 3
NEAR Protocol (NEAR) Price: Jumps 6% as Bitwise CEO Predicts AI-Driven Moonshot Potential
Coverage timeline
- First reported by CoinGape
- Confirmed by CoinCentral
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error