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Bitwise launches NEAR ETF with $562 price target by 2030, betting on AI-driven growth.

Market News
29 Sep 2026, 19:08 WIB
UToday
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Bullish
Bitwise launches NEAR ETF with $562 price target by 2030, betting on AI-driven growth.

Bitwise has launched a new spot ETF for NEAR Protocol on NYSE Arca, targeting a $562 price by 2030 based on its potential role as a financial hub for AI agents. The ETF, with a 0.75% annual fee, reflects optimism that NEAR could capture 3% of the global AI agent market, serving them like Visa serves payments. Analysts see a bullish scenario if decentralized AI networks grow, while a bearish case predicts a drop to $1.63 if centralized AI dominates. The listing offers investors a way to bet on the intersection of AI and blockchain technology.

NEAR Protocol trades at Rp89.174 on Pluang as of Sep 29, 2026 23:32 WIB, down 0.71% in the last day. The market cap stands at Rp116,02T with a 24-hour volume of Rp26,68T. Pluang data shows 56% of orders are sell and 44% buy, with a typical hold time of 51 days, reflecting active investor interest around the new ETF launch.

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