Bitwise Spot NEAR ETF Begins Trading on NYSE Arca

VERA Brief

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Bitwise has launched the first U.S. spot NEAR ETF on NYSE Arca. This fund offers investors direct exposure to the NEAR token, a cryptocurrency focused on AI applications, and has seen significant growth in recent months.

Key facts

• Bitwise has launched the first U.S. spot NEAR ETF.
• The ETF commenced trading on NYSE Arca on Tuesday.
• The fund provides investors with exposure to the NEAR token.
• The NEAR token is a cryptocurrency focused on artificial intelligence applications.
• Since August, the NEAR token has experienced a nearly threefold increase in value.