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Bitwise Launches First U.S. Spot NEAR ETF on Exchange

Summarized from Cryptocurrency

Bitwise Asset Management debuts the NRR fund, the first U.S. spot NEAR Protocol ETP, targeting AI-driven commerce growth.

Bitwise Launches First U.S. Spot NEAR ETF on Exchange

Bitwise Asset Management launched the Bitwise NEAR ETF, ticker NRR, marking the debut of the first spot NEAR Protocol exchange-traded product available to U.S. investors, the San Francisco-based firm announced September 29, 2026.

The fund gives investors regulated exposure to NEAR, the blockchain network positioned at the intersection of artificial intelligence and decentralized finance. Bitwise, which oversees approximately $9 billion in client assets as of June 30, cited the emerging field of agentic commerce — autonomous AI agents conducting economic transactions — as a central thesis for the product.

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Global agentic commerce is projected to reach $5 trillion by 2030, according to figures cited in the announcement. Bitwise framed NEAR as infrastructure enabling that AI-powered economy, distinguishing the network from general-purpose blockchains and positioning NRR as a targeted bet on that convergence.

The launch extends a broader pattern in the crypto ETF market, where issuers have moved aggressively beyond Bitcoin and Ethereum to offer spot products tied to individual altcoins following regulatory shifts. Bitwise has been among the more active issuers pursuing that expansion, and the NEAR filing represents one of the first spot vehicles for a layer-one blockchain with an explicit AI infrastructure mandate.

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Frequently Asked Questions

Q.What is the ticker symbol for the Bitwise NEAR ETF?

The Bitwise NEAR ETF trades under the ticker symbol NRR and is the first spot NEAR Protocol exchange-traded product available in the United States.

Q.How much does Bitwise Asset Management have in client assets?

Bitwise Asset Management had approximately $9 billion in client assets as of June 30, according to the announcement.

Q.Why is NEAR Protocol associated with artificial intelligence?

NEAR Protocol is positioned as infrastructure for agentic commerce, where autonomous AI agents conduct economic transactions. Global agentic commerce is projected to reach $5 trillion by 2030, according to figures cited by Bitwise.

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