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Bitwise NEAR ETF offers 3.31% net staking rewards, below 4.94% gross rate as of Oct 16

Protocol Fundamentals
19 Oct 2026, 05:17 WIB
Tokenpost
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Neutral
Bitwise NEAR ETF offers 3.31% net staking rewards, below 4.94% gross rate as of Oct 16

The Bitwise NEAR ETF (NRR) held 16.5 million NEAR tokens valued at over $82 million as of mid-October, with all assets staked to earn rewards. The fund reported a 3.31% net staking reward rate on Oct. 16, lower than the 4.94% gross rate, due to fees and allocations to service providers. Rewards increase the fund's net asset value rather than paying fixed cash yields, and staking rewards are not guaranteed. The ETF began trading on NYSE Arca in late September, providing U.S. investors with exchange-listed NEAR exposure, while unstaking may take up to 48 hours and redemptions aim for a T+2 settlement.

Bitwise NEAR ETF staking rates provide context for readers. For those tracking cryptocurrency markets, 32 of 50 major cryptocurrencies rose and 17 fell on Pluang. Notable movers include ONE at Rp26 with a 2.61% decline, LINK at Rp219.555 up 2.27%, and FTM at Rp11.382 down 2.05%, as of Oct 19, 2026 08:41 WIB.

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