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Bitwise Launches NEAR Staking ETP with 5.5% Yield

  • 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.

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