Key Takeaways
- • The Bitwise NEAR ETF (NRR) held 16.5 million NEAR tokens valued at over $82 million as of mid-October 2026, with all assets staked.
- • The fund reported a 3.31% net staking reward rate on Oct. 16, 2026, versus a 4.94% gross rate, after fees and allocations to service providers.
- • Staking rewards increase the fund's net asset value rather than paying fixed cash yields, and the rewards are not guaranteed.
- • The ETF began trading on NYSE Arca in late September 2026, giving U.S. investors exchange-listed NEAR exposure.
- • Unstaking may take up to 48 hours, and redemptions target T+2 settlement.
Summary
The Bitwise NEAR ETF (NRR) held 16.5 million NEAR tokens valued at over $82 million as of mid-October 2026, with all of the fund's assets staked to earn network rewards, according to Pluang. The fund reported a net staking reward rate of 3.31% on October 16, 2026. That figure is below the 4.94% gross rate, reflecting fees and allocations to service providers that participate in the staking process.
The fund's structure means rewards accrue to net asset value rather than being distributed as fixed cash yields. The source notes that staking rewards are not guaranteed, a caveat relevant to investors comparing the product with fixed-income alternatives.
The ETF began trading on NYSE Arca in late September 2026, offering U.S. investors exchange-listed exposure to NEAR. Operational mechanics were also disclosed: unstaking may take up to 48 hours, and redemptions aim for T+2 settlement.
The Pluang article also carried a market data feed reporting that 32 of 50 major cryptocurrencies rose and 17 fell as of October 19, 2026, at 08:41 WIB. The feed is generic market data and is not specific to the NRR product.
The fund's structure means rewards accrue to net asset value rather than being distributed as fixed cash yields. The source notes that staking rewards are not guaranteed, a caveat relevant to investors comparing the product with fixed-income alternatives.
The ETF began trading on NYSE Arca in late September 2026, offering U.S. investors exchange-listed exposure to NEAR. Operational mechanics were also disclosed: unstaking may take up to 48 hours, and redemptions aim for T+2 settlement.
The Pluang article also carried a market data feed reporting that 32 of 50 major cryptocurrencies rose and 17 fell as of October 19, 2026, at 08:41 WIB. The feed is generic market data and is not specific to the NRR product.
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