NEAR Jumps 26% as Bitwise ETF Nears SEC Approval
NEAR Protocol (NEAR)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that NEAR Protocol has jumped roughly 26% over the past week, with the token now trading near $4.90-$5.00. This surge coincides with Bitwise’s proposed NEAR ETF clearing one of its most important regulatory steps yet. The key development is not a fresh ETF application, as Bitwise’s product has been in registration for months. The protocol's price action reflects growing optimism surrounding this specific regulatory milestone.
How the market reacted
Whalio's own Binance spot order flow for NEAR, measured when this story was written up on 26 September 2026. Not the outlet's figures.
Whalio's Binance spot data shows NEAR trading at $4.95 with a 24-hour buy ratio of 51.9%, indicating that buying pressure has slightly outweighed selling over the full day. However, shorter-term metrics reveal a shift, with the 1-hour buy ratio at 40.7% and the 4-hour ratio at 41.9%, suggesting that immediate buying momentum is fading compared to the daily average. Volume Delta confirms this short-term weakening, showing net selling of -$921,113 in the last hour and -$3,464,610 over four hours. The Cumulative Volume Delta (CVD) for the 24-hour close stands at -$861,341, meaning that despite the higher buy ratio, the total volume of sells exceeded buys by that amount during the period. Net buying occurred for only 11 of the last 24 hours, highlighting a mixed but currently cooling flow.
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 experienced a 31.5% price increase, with a 7-day average buy ratio of 50.8%. The latest day's buy ratio was 1.1 points higher than this weekly average, while spot volume was 0.82 times the average, indicating lower participation despite the higher buying ratio. Total Volume Delta for the 8-day period was +$45,501,996, showing significant net buying over the longer timeframe compared to the recent net outflow. This week saw net buying for 5 of 7 days, contrasting with the current 24-hour period where net buying occurred for only 11 hours. The recent hourly sell pressure represents a deviation from the stronger weekly trend of net accumulation.