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KADARORIN DIJITAL · DUBAN KASUWA

Bitwise NEAR spot ETF is approved for listing by NYSE Arca

PANews reported on September 27 that Arca, the New York Stock Exchange, has approved the listing of the Bitwise NEAR Protocol spot ETF, code "NRR", which is the first NEAR spot ETF in the United States; previously, investors mainly gained exposure through the Grayscale NEAR Trust. The ETF management fee is 0.75%, and is hosted by Coinbase Custody and pledges NEAR; the listing date has not yet been announced, and NEAR once rose to around $5 after the news was announced.

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