The U.S.’s first NEAR spot ETF was taken for the first launch by Bitwise. Today, it’s being listed for sale on the NYSE. Its management fee is 0.75%—a lot higher than mainstream BTC ETFs, meaning it’ll “cut” without holding back. On the macro front, U.S. Treasury yields are still being kept down, and risk assets are just catching their breath. At a time like this, opening a compliant channel for NEAR is, bluntly, giving the market another excuse to speculate. Keep your emotions in check on the short-term—don’t get carried away.

$NEAR #Bitwise #ETF