Bitwise’s NEAR ETF NRR logs $35.5M in first-day inflows as proposal seeks to cut issuance to 1.6%
Bitwise’s NEAR ETF, NRR, began trading on NYSE Arca on September 29, 2026, and recorded $35.5 million in first-day net inflows, with $36 million in assets under management and $15.1 million in trading volume. The prospectus shows an annualized yield near 5% as of September 25, with staking expenses set at 33% of additional NEAR generated, leaving roughly 67% of rewards for shareholders. Separately, a NEAR governance proposal would reduce maximum annual issuance from 2.5% to 1.6%, but it has not been approved or implemented. NEAR Intents activity is presented as a separate adoption signal and is not evidence that ETF flows drove network growth.