Bitwise NEAR ETF (NRR) Records $35.5 Million in Net Inflows on Launch Day

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On-chain data shows that the Bitwise NEAR ETF (NRR) attracted $35.5 million in net inflows on its launch day, September 30, with total assets reaching $36 million and a trading volume of $15.1 million. On-chain analysis reveals strong early demand for the product. Bitwise had previously planned to stake NEAR tokens in the fund to capture the protocol’s 5% average staking rewards.

BlockBeats news, on September 30, Bitwise officially reported that the U.S. spot NEAR ETP, Bitwise NEAR ETF (NRR), achieved $36 million in assets under management on its first day, with net inflows of $35.5 million and trading volume of $15.1 million.


Previously, Bitwise planned to stake the NEAR tokens held in its fund internally to maximize participation in NEAR’s approximately 5% staking rewards.

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