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64 Greed

Bitwise launches first US spot NEAR ETF as token price rises 6%

Bitwise launches first US spot NEAR ETF as token price rises 6% Image: CoinGape
Image via CoinGape.

Bitwise 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

  1. Bitwise launched the first U.S. spot NEAR ETF offering regulated access and staking rewards.
  2. NEAR price rose 6% to $5.38 after Bitwise CEO Matt Hougan praised its AI and existing business potential.
  3. 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

CoinGape Tier 2 First report
NEAR Price Jumps 6% as Bitwise CEO Matt Hougan Predicts Moonshot Potential
CoinCentral Tier 3
NEAR Protocol (NEAR) Price: Jumps 6% as Bitwise CEO Predicts AI-Driven Moonshot Potential

Coverage timeline

  1. First reported by CoinGape
  2. Confirmed by CoinCentral
  3. 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

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