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Bitwise NEAR ETF holds $79.2M in tokens two weeks after launch, offering direct NEAR exposure to US investors.

Market News
14 Oct 2026, 20:54 WIB
Crypto Briefing
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Bullish
Bitwise NEAR ETF holds $79.2M in tokens two weeks after launch, offering direct NEAR exposure to US investors.

Bitwise launched the first US spot NEAR ETF on September 29, 2026, which now holds about 15.7 million NEAR tokens valued at $79.2 million. The fund attracted $35.5 million on its first day and $52.8 million by the end of its first week, reflecting strong investor demand. Unlike futures-based products, this ETF directly holds NEAR tokens and plans to stake a significant portion to earn rewards, potentially offsetting its 0.75% management fee. This launch expands regulated crypto exposure options for US investors, coinciding with NEAR's strategic focus on AI infrastructure and cross-chain capabilities.

Bitwise's NEAR ETF holds about 15.7 million NEAR tokens valued at $79.2 million two weeks after its launch. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 15, 2026 00:11 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell today. Notable movers include SAND at Rp1.004 with a 1-day change of -6.75%, ONE at Rp28 with -6.13%, and AXS at Rp19.411 with -5.03%.

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