
Bitwise and Sovereign Launch Spot NEAR ETP on NYSE Arca as AI and Intent Growth Accelerate
Bitwise has introduced the first US spot NEAR exchange-traded product (NRR) on NYSE Arca, featuring native staking yields and a 0.75% management fee. On The Roll Up, Bitwise's Matt Hougan and Sovereign's Sal Ternullo explained how expanding intent revenue and NEAR's private AI inference stack are driving institutional interest.






