Bitwise Launched First U.S. Spot NEAR ETF
Investors can now gain exposure to NEAR through a new exchange-traded product on NYSE Arca.
Updated on Sept. 29, 2026 in Investing
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Bitwise has launched the first U.S. spot NEAR exchange-traded product, which began trading on NYSE Arca under the ticker NRR. The fund offers a new way for investors to hold exposure to the asset within a traditional brokerage account.
Why it matters
The introduction of this product creates a regulated path for accessing NEAR, which currently maintains a market capitalization of more than $6 billion. Investors now have a vehicle to track the asset as the underlying network continues to see significant activity.
The new NRR fund carries a 0.75% management fee. While the underlying network has seen over $32 billion in cumulative volume, the asset itself carries a 2.5% inflation rate.
The players
Bitwise
An asset manager providing exchange-traded products that offer investors exposure to various digital assets.
NYSE Arca
A major stock exchange platform that lists exchange-traded products, including the new NRR fund.
The details
The NRR fund provides exposure to NEAR through a listed exchange-traded product rather than direct wallet ownership. Bitwise intends to stake the NEAR tokens held within the fund, targeting participation in average staking rewards of approximately 5%. Transactions for the product are processed exclusively on NYSE Arca.
Timeline
September 29, 2026: The Bitwise NEAR ETF began trading on NYSE Arca.
Money Landscape
The debut of the NRR fund represents an expansion of available crypto-linked investment vehicles in the United States. This follows the industry pattern of launching exchange-traded products to provide regulated access to digital assets.
Investors considering this product should factor the 0.75% annual management fee into their cost analysis versus holding assets directly. Consult with a qualified financial professional to determine if this product fits your broader risk tolerance and portfolio objectives.
The takeaway
The launch of the NRR fund offers a new channel for tracking NEAR within a standard investment account. Monitor how the fund manages its stated 5% target staking rewards, as this will influence the effective cost of ownership over time.
Further reading
For more information on the evolving landscape of digital asset funds, visit Investing.
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Do you trust crypto-based exchange-traded funds as a reliable way to gain market exposure?
