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Bitwise NEAR ETF Records Second Consecutive Week of Withdrawals

BSCN avatar BSCN
1 min read
Bitwise NEAR ETF Records Second Consecutive Week of Withdrawals

The Bitwise NEAR ETF (NRR) has experienced net withdrawals for two weeks running, with approximately $4.38 million leaving the fund in the most recent week and $3.43 million the week before. The fund launched on September 29, 2026, and attracted more than $88 million during its first four weeks of trading before the trend reversed.

Despite the recent withdrawals, cumulative inflows remain positive at around $80 million. The fund trades on NYSE Arca with a 0.75% management fee and holds NEAR tokens directly. The pullback comes as NEAR's price declined over 12% on weekly charts and total value locked in NEAR Intents dropped from $267 million to roughly $190 million.

Read the full story on BSC News: Bitwise NEAR ETF (NRR) Posts Second Straight Weekly Outflow of $4.38 Million

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