Markets· ★★★· neutral·

NEAR Tests Make-or-Break $4.30 as Bitwise ETF Inflows Slow

  • —NRR has drawn about $88.3 million since its September 29 launch, but weekly inflows slowed to roughly $5.2 million
  • —The fund holds 17.56 million NEAR, about 1.32% of circulating supply, at an estimated average cost near $5.01
  • —NEAR rallied from $1.538 in August to $6.00 on October 11 before retreating into a $4.30–$4.95 range
  • —A close below $4.29 opens the way to $3.77, while reclaiming $4.95 targets $5.35–$5.40
Why it matters: The $4.30 level decides whether NEAR's uptrend survives, and fading ETF inflows remove a key source of spot demand.
Source: Crypto News Flash