Bitwise has launched a NEAR Staking ETP on Xetra, offering a 5.5% net staking yield annually without lock-up and with daily liquidity.
The staking ETP allows European investors to access crypto without the complexity of managing a digital wallet.
NEAR ETP is built on NEAR assets stored in institutional cold storage, following the CF NEAR Staked Return Index, and offers daily tradability.
NEAR Protocol has introduced AI governance, cross-chain technology developments, and multiple upgrades, including Chain Signatures and BNB Chain integration. The NEAR token price has seen an increase of almost 8% since the ETP launch.