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Bitwise NEAR ETF attracts $9M inflows on day three, slowing from initial surge.

Market News
01 Oct 2026
Crypto Briefing
View Source
Bullish
Bitwise NEAR ETF attracts $9M inflows on day three, slowing from initial surge.

The Bitwise NEAR ETF, a US spot fund for the NEAR token, drew about $9 million in new investments on its third trading day, October 1, 2026. This follows strong inflows of $35.5 million and $13.2 million on its first two days, bringing assets under management to nearly $62 million. The fund plans to stake almost all its NEAR holdings to target a 5% annual reward after expenses, though this is not guaranteed. The ETF launched after NEAR’s token price surged 160% in the prior month, supported by strong cross-chain activity and a market cap exceeding $6 billion, making it an attractive option for investors seeking exposure to this growing ecosystem.

The Bitwise NEAR ETF's early inflows provide context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 02, 2026 06:03 WIB: out of 50 major cryptocurrencies priced on Pluang, 25 rose and 24 fell. Notable movers include XLM (Stellar) at Rp3.926 with a 1-day change of -3.32% and a typical hold time of 84 days, SUSHI (SushiSwap) at Rp4.678 down 3.32% with 70% sell order activity, and XTZ (Tezos) at Rp5.794 up 3.10% with a balanced order activity of 47% sell and 53% buy.

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