Bitwise research head Ryan Rasmussen argues that institutional interest in NEAR and Hyperliquid is growing, driven by revenue-based token buyback models and evolving regulatory landscapes.
The Bitwise NEAR ETF has accumulated 15.7 million NEAR tokens worth $79.2 million just two weeks after its debut on NYSE Arca.
Bitwise and Sovereign executives suggest that NEAR is entering a new phase of value accrual driven by fundamental growth in Intents and proposed reductions in token inflation.
Bitwise CIO Matt Hougan identifies NEAR's established blockchain business as the primary investment driver, with AI infrastructure offering additional long-term growth potential.
NEAR co-founder Illia Polosukhin highlights liquidity fragmentation as a key challenge for tokenized assets and introduces NEAR Intents as an aggregation solution.
NEAR Intents was hacked for $3.8 million, leading to a temporary service suspension and a decline in the price of the NEAR token and its associated ETF.
The Bitwise NEAR ETF attracted approximately $9 million in inflows on its third day of trading, bringing the total assets under management to over $52 million.
The hacker behind the $387.5 million Bitget exchange heist is using Zcash privacy pools to launder funds after being blocked by Near Intents.
NEAR AI Cloud has integrated Anthropic’s Claude Sonnet 5.5, offering developers a 1 million token context window and a 7x performance improvement in coding tasks.
Bitwise has introduced the first spot Near ETF in the U.S., allowing investors to trade the token on the NYSE Arca exchange with an annual fee of 0.75%.
Bitwise has introduced the first US spot ETF for the NEAR token, which is now trading on NYSE Arca under the ticker NRR with a 0.75% management fee.
Bitwise has launched the first US spot ETF for the NEAR token, featuring a 0.75% management fee and a strategy to generate additional returns through staking.
The Bitwise NEAR Staking ETP has crossed $100 million in assets, primarily fueled by a 135% surge in the underlying token price rather than new investor inflows.
NEAR AI Cloud has launched full OpenAI API compatibility, allowing developers to migrate applications to its privacy-focused infrastructure with minimal code changes.
