Bitwise NEAR ETF draws $35.5M net inflow on debut
- —First-day net inflow reached $35.5 million
- —NRR trading volume on debut was $15.1 million
- —Staking NEAR yields about 5% annually
- —Fund charges a 0.75% annual fee
Why it matters: The first US spot NEAR ETF gives institutions direct exposure to the token and sets a benchmark for other altcoin funds.
Source: Bloomingbit