Bitwise NEAR ETF clears hurdles, launch imminent
NEAR Protocol (NEAR)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Bitwise’s NEAR ETF has cleared both NYSE Arca and SEC hurdles, with a launch now imminent. This development could boost investor interest in staking-focused crypto funds. The shift in interest has the potential to influence market dynamics for the asset. The announcement marks a significant regulatory milestone for the product.
How the market reacted
Whalio's own Binance spot order flow for NEAR, measured when this story was written up on 27 September 2026. Not the outlet's figures.
NEAR is trading at $5.04 with a 1-hour buy ratio of 52.3% and a 4-hour buy ratio of 53.1%, both indicating that buyers are currently in control. These short-term figures are higher than the 24-hour buy ratio of 49.8%, suggesting that buying pressure is building in the immediate term. Volume deltas show a positive flow of +$528,866 over the last hour and +$3,697,876 over the last four hours, contrasting with a negative 24-hour delta of -$460,254. A positive volume delta means more money is flowing into buys than sells, while a buy ratio above 50% indicates more volume is executed on the buy side. The 24-hour cumulative volume delta closed at +$2,583,651, with net buying occurring in 13 of the last 24 hours.
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.
Over the preceding week, NEAR saw a 7-day average buy ratio of 51.1%, compared to the current 24-hour ratio of 49.8%, a difference of 1.3 percentage points. Volume over the last day was 0.42x the weekly average, indicating a significantly quieter trading day than usual. The coin experienced a 40.4% price increase over eight days, supported by a total volume delta of +$43,863,953. Net buying occurred on 5 of the last 7 days. This represents an unusual day for the coin, as the current 24-hour volume is less than half of the typical weekly average.