# Bitwise NEAR ETF Records Second Consecutive Week of Withdrawals

By [The BSCN Debrief](https://paragraph.com/@bscnalpha), 2026-11-08

bsc news brief, crypto news

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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](https://bsc.news/news/bitwise-near-etf-nrr-outflows-2119394501454127267?utm_source=paragraph&utm_medium=brief&utm_campaign=article_wire)

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*Originally published on [The BSCN Debrief](https://paragraph.com/@bscnalpha/bitwise-near-etf-records-second-consecutive-week-of)*