Bitwise’s NEAR ETF has been cleared to list and trade on NYSE Arca under the ticker NRR, with its S-1 registration effective under Section 12(b) of the Exchange Act. The ETF will provide exposure to NEAR and plans to stake 100% of its holdings, with a 0.75% management fee. The launch is expected next week, pending additional filings. NEAR is trading near $5 after a 20% daily gain, while futures open interest rose nearly 15% to $1.49 billion.
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