Bitwise's new NEAR fund brings staking to brokerage accounts, but a third of the rewards is earmarked for fees.

The Bitwise NEAR ETF launched on NYSE Arca on September 29, 2026, under the ticker NRR. Bitwise describes it as the first spot NEAR exchange-traded product in the United States. Its launch announcement highlights network staking rewards of roughly 5%. Investors comparing that figure with the fund's 0.75% annual management fee need to account for a separate charge on the staking rewards themselves.

The prospectus, dated September 24, assigns 33% of the additional NEAR generated by staking ...