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NEAR price falls below $5 despite $5.42M ETF inflows over three weeks

Market News
20 Oct 2026, 16:43 WIB
Crypto Economy
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Neutral
NEAR price falls below $5 despite $5.42M ETF inflows over three weeks

NEAR's market price slipped from $5 to $4.70 even as Bitwise's NRR ETF fund saw $5.42 million in net inflows, marking the third consecutive week of positive inflows. Over these three weeks, the fund attracted more than $80 million, indicating strong investor interest despite the price drop. This suggests that while short-term price movements are down, institutional demand for NEAR remains robust, which could support future price recovery.

While NEAR's price slipped 3.59% to Rp85.948 on Pluang as of Oct 20, 2026 21:04 WIB, the platform shows strong investor interest with 100% buy orders and a typical hold time of 51 days. This contrasts with the broader crypto market correction mentioned in the article, highlighting NEAR's resilience. Its market cap stands at Rp110,06 trillion, supported by a 24-hour trading volume of Rp15,95 trillion, indicating active trading despite the price dip.

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