{"id":32911,"date":"2026-09-29T18:37:42","date_gmt":"2026-09-29T17:37:42","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/09\/29\/bitwise-near-spot-etf-united-states\/"},"modified":"2026-09-29T18:37:49","modified_gmt":"2026-09-29T17:37:49","slug":"bitwise-near-spot-etf-united-states","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitwise-near-spot-etf-united-states\/","title":{"rendered":"Bitwise Launches First NEAR Spot ETF in the US Following a 160% Rally"},"content":{"rendered":"\n

Bitwise<\/strong> has just reached a new milestone in the mainstream adoption of digital assets: the first spot ETF<\/strong> backed by the NEAR<\/strong> token is now listed on NYSE Arca<\/strong>. The launch comes at a time of particularly strong bullish momentum for NEAR Protocol<\/strong>.<\/p>\n\n\n\n

While most attention remains fixed on Bitcoin<\/strong> and Ethereum<\/strong>, NEAR<\/strong> has been quietly establishing itself as one of the best-performing altcoins<\/strong> on the market right now \u2014 and Bitwise<\/strong> has clearly decided to capitalize on that.<\/p>\n\n\n\n

Behind this launch lies a broader strategy: that of an asset manager<\/strong> rapidly expanding its range of regulated crypto products<\/strong> to capture a growing wave of institutional demand.<\/p>\n\n\n\n

A NEAR Spot ETF Arriving at Exactly the Right Time<\/h2>\n\n\n\n

The timing of Bitwise<\/strong>‘s launch is no coincidence. NEAR has posted gains of over 160% in the past month<\/strong><\/a>, making it one of the most dynamic altcoins<\/strong> on the market over that period. Listing a spot ETF<\/strong> in this context means riding an already well-established momentum while giving institutional investors<\/strong> regulated access to the asset.<\/p>\n\n\n\n

The ETF<\/strong> is now tradable on NYSE Arca<\/strong>, the US exchange platform that already hosts several benchmark crypto products<\/strong>. This regulatory framework<\/strong> provides reassurance to wealth managers<\/strong> and funds that cannot hold tokens directly on crypto exchanges. For them, a spot ETF<\/strong> represents the simplest and most compliant route to exposure.<\/p>\n\n\n\n

Bitwise<\/strong> is cementing its position as one of the most active issuers in the race for crypto ETFs<\/strong> in the United States, building on its existing products covering Bitcoin<\/strong> and Ethereum<\/strong>. The California-based firm is diversifying its spot ETF<\/strong> lineup towards large-cap altcoins<\/strong> \u2014 a trend that is likely to accelerate as the US regulatory framework<\/strong> continues to take shape.<\/p>\n\n\n\n

NEAR Intents: The Fundamental Catalyst Driving the Rally<\/h2>\n\n\n\n

NEAR’s performance is not purely speculative. NEAR Intents<\/strong>, the chain abstraction protocol<\/strong> developed by the NEAR Protocol<\/strong> team<\/a>, is seeing a notable acceleration in activity. This mechanism allows users to interact with multiple blockchains<\/strong> without having to manually manage bridges or network-specific wallets \u2014 a genuinely compelling value proposition in an increasingly fragmented multi-chain<\/strong> ecosystem.<\/p>\n\n\n\n

The growth in on-chain activity<\/strong> on NEAR Intents<\/strong> reinforces the thesis of a network in a phase of real adoption<\/strong>, well beyond a purely speculative narrative. Transaction volumes<\/strong>, the number of active addresses<\/strong>, and the gradual integration of new DeFi<\/strong> protocols on NEAR<\/strong> all represent positive fundamental signals that have been supporting the price action<\/strong> observed over recent weeks.<\/p>\n\n\n\n

This favorable fundamental backdrop sets NEAR<\/strong> apart from other altcoins<\/strong> whose rallies are driven primarily by market sentiment. For institutional investors<\/strong> now accessing the token through the Bitwise ETF<\/strong>, this on-chain<\/strong> dimension provides an additional layer of conviction \u2014 and potentially a factor of resilience should the broader market correct.<\/p>\n\n\n\n

The Altcoin ETF Race: Bitwise Gets Ahead of the Curve<\/h2>\n\n\n\n

The launch of this NEAR ETF<\/strong> is part of a broader industry dynamic. Since the approval of spot Bitcoin<\/strong> and then Ethereum ETFs<\/strong> in the United States, several asset managers<\/strong> have been looking to extend their product ranges towards high-liquidity altcoins<\/strong>. Bitwise is clearly positioning itself as a first mover<\/strong> in this space, targeting projects with a solid technological foundation<\/strong> and an active developer community<\/strong>.<\/p>\n\n\n\n

The strategy carries risk but is coherent: establish a presence in the market before the competition floods in, at the very moment when institutional demand<\/strong> for diversified crypto products<\/strong> is beginning to materialize. The inflows<\/strong> into Bitcoin ETFs<\/strong> have demonstrated institutional appetite for this type of vehicle \u2014 the question now is whether that appetite extends to top-tier altcoins<\/strong> like NEAR<\/strong>.<\/p>\n\n\n\n

For NEAR Protocol<\/strong>, the listing of a spot ETF<\/strong> in the United States represents a major institutional validation<\/strong><\/a>. It raises the project’s profile among a class of investors who had largely overlooked this ecosystem until now, and could generate structural buying flows<\/strong> capable of supporting the price over the medium term \u2014 independently of broader crypto sentiment cycles.<\/p>\n\n\n\n

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