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Bitwise launches spot NEAR ETF (NRR) on NYSE Arca, with research projecting $562 target by 2030
Bitwise's Chief Investment Officer Matt Hougan and Head of European Research André Dragosch published a 40-page report alongside the ETF listing, modeling NEAR could reach $562.81 by 2030 in an optimistic scenario. This projection is based on NEAR Protocol becoming a "coordination layer" for the global AI economy, capturing 3% of the AI agent market. The ETF has an annual fee of 0.75% and offers staking with an approximate 5% annual yield.
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