The Bitwise NEAR ETF, trading under the ticker NRR on the NYSE Arca, recorded approximately $9 million in net inflows on its third day, October 1, 2026. This follows an initial inflow of $35.5 million on its launch day, September 29, and $13.2 million on September 30.
By the end of the second day, the fund's assets under management reached $52.8 million, with daily trading volumes hitting $20.1 million. Bitwise intends to stake the majority of the fund's NEAR holdings internally, aiming for a post-expense staking reward of approximately 5%.
Prior to the ETF launch, the NEAR token experienced a 160% price increase over the preceding month. The underlying Intents cross-chain infrastructure had processed over $32 billion in cumulative volume, while the token's market capitalization surpassed $6 billion with an inflation rate of 2.5%.
