Bitwise's NEAR spot ETF saw a net inflow of 35.5 million USD on its first day of trading

Bitwise officially stated that the first spot NEAR ETP, Bitwise NEAR ETF (NRR), had an asset management scale of 36 million USD on its first day, with a net inflow of 35.5 million USD and a trading volume of 15.1 million USD.

According to previous news, Bitwise plans to stake the NEAR tokens held by the fund internally to maximize participation in the average staking rewards of approximately 5% for NEAR.