NEAR
−11.1%Bitwise NEAR ETF moves toward launch under ticker NRR
Image: CoinGapeBitwise's NEAR ETF is moving toward launch on NYSE Arca under ticker NRR. Bitwise published a 39-page NEAR investment report co-authored by CIO Matt Hougan. The report sets a 2030 base case of $155 and an extreme bull case of $562. NEAR traded near $5 as the ETF advanced. The report links the forecast to future network adoption.
Key points
- Bitwise's NEAR ETF is set to trade on NYSE Arca under ticker NRR.
- Bitwise published a 39-page NEAR investment report ahead of the ETF launch.
- Bitwise CIO Matt Hougan co-authored the report, which sets 2030 valuation cases.
- The report links its long-term NEAR forecast to future network adoption.
Why it matters
The proposed NYSE Arca ETF would give U.S. investors a listed route to NEAR, while Bitwise's 2030 report adds an institutional valuation framework for the token.
What's unclear
Reports differ on NEAR's weekly gain: about 48% in seven days versus a 70% weekly rally.
Reports differ on the exact 2030 base case: $155 versus $155.85, and the bull case: $562 versus $562.81.
Price context · NEAR
At publication
$5.09
Now
$4.66
Change since
−8.45%
7 days · dashed line = publication
Sources · 2 publishers
CoinGape
Tier 2
Bitwise Projects NEAR at $155 by 2030, Max Case Hits $563 as Spot ETF Nears Launch
Coverage timeline
- First reported by Coinpedia
- Confirmed by CoinGape
- 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
