Near Protocol surges 26% as Bitwise ETF clears NYSE Arca hurdle – Details
Near Protocol [$NEAR] bounced off nicely from its one-day correction with a 17% surge in a single day. The continuation, which has seen $NEAR gain another 9% in the past 24 hours, was fueled by both fundamentals and network activity. $NEAR has been tipped to be among the selective altcoin runners for this cycle, as analyzed earlier. A Bitwise $NEAR ETF approval and a surge in revenue and TVL of Near Intents have played a key role in this rebound. Bitwise $NEAR ETF secures approval to list and trade As per a recent SEC filing, Bitwise $NEAR ETF (the Trust) received approval to list and trade on NYSE Arca under the ticker NRR. Coinbase will be the custodian, with the Trust staking its $NEAR and keeping about 67% of the rewards. However, the SEC has yet to approve or disapprove its effectiveness. Still, Bitwise teased a potential start to trading of the product on X, with a post reading, The future is near. 09/29/2026 The post suggests that trading of the ETF is just a matter of time. Following Bitwises final prospectus, the filing targeted a base price of $155 by 2030 with a max case of $562. On the flip side, $1.63 was their bear








