Bitwise Launches First US Spot NEAR ETF With Staking Fees Taking 33% of Rewards
NEAR Protocol (NEAR)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Bitwise has officially launched a spot NEAR Protocol (NEAR) exchange-traded fund on NYSE Arca on Tuesday, marking the first US spot NEAR ETF. The fund's staking fees will take 33% of rewards, with two of the three parties sharing the NEAR fund’s cut being Bitwise itself and Attestant, the affiliate expected to run its validators. The asset manager has set a 0.75% annual fee for the product.
How the market reacted
Whalio's own Binance spot order flow for NEAR, measured when this story was written up on 29 September 2026. Not the outlet's figures.
NEAR is currently trading at $4.82, with a 1-hour buy ratio of 54.5% indicating that buyers are currently outpacing sellers in the short term. However, this bullish sentiment is fading over longer timeframes, as the 4-hour buy ratio drops to 46.9% and the 24-hour ratio sits at 47.8%. Volume Delta reflects this shift, showing a net inflow of +$825,113 in the last hour but a net outflow of -$2,419,776 over the past four hours. Over the last 24 hours, the cumulative volume delta is -$10,091,046, with a closing Cumulative Volume Delta (CVD) of -$10,989,830, signaling that sellers have dominated the day's volume despite the recent hourly spike in buying pressure.
The latest daily buy ratio of 50.8% sits at the 68th percentile of the last 323 days, against a median of 49.7% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for NEAR, averaged over the days leading up to the story.
Compared to the preceding week, today's activity shows a buy ratio 3.5 percentage points below the 7-day average of 51.3%. Trading volume is also subdued, running at 0.83x the weekly average, indicating lower-than-usual participation. While the price has risen 12.9% over the past eight days with a total volume delta of +$39,404,272, today's negative delta suggests a potential pause in that upward momentum. Net buying occurred on only 5 of the last 7 days, making this a day where selling pressure has briefly outweighed the recent weekly trend.