S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
- The SEC declared Bitwise’s NEAR ETF registration effective, moving the proposed product closer to a potential NYSE listing.
- The protocol announced its listing on Hyperliquid’s strict list after going live on the Hyperliquid spot market earlier.
- NEAR has gained 240% year-to-date, rallying toward $5 as the token reversed previous losses.
NEAR Protocol’s native token climbed above $5 on Friday, extending a sharp multi-week rally as progress on a proposed Bitwise exchange-traded fund (ETF) coincided with growing activity across the network’s ecosystem.
SEC clears Bitwise NEAR ETF to list on NYSE
The US Securities and Exchange Commission (SEC) declared Bitwise’s registration statement for the NEAR ETF effective, clearing a key regulatory step for the proposed product. Bitwise also filed Form 8-A to register the fund’s common shares for listing on NYSE Arca under the ticker NRR.
These filings bring the proposed ETF closer to trading on a US exchange, although the registration statement and Form 8-A do not confirm a launch date.
The Bitwise NEAR ETF is designed to provide investors with exposure to the value of NEAR held by the fund. The product also includes a staking component, allowing the fund to seek additional returns through staking its holdings.
Coinbase Custody will serve as the fund’s custodian, while Bitwise has set the sponsor fee at 0.75% annually.
NEAR expands trading reach following listing on Hyperliquid
The ETF progress unfolds alongside a broader expansion of NEAR’s ecosystem. NEAR Protocol confirmed that the NEAR/USDC pair is now live on Hyperliquid’s spot market.
The pair has also been added to Hyperliquid’s strict list, increasing its visibility and accessibility for traders on the decentralized trading platform. The spot listing complements existing NEAR perpetual markets on Hyperliquid and gives traders another venue for on-chain exposure to the token.
NEAR also expanded its privacy infrastructure into perpetual futures through near.com, where perps are now confidential by default. The product uses NEAR’s Confidential Intents and Hyperliquid for execution, allowing users to fund positions with assets from more than 30 chains while keeping deposits and withdrawals confidential.
Near.com, the project’s multi-chain super app, announced a partnership with Ondo Finance on Tuesday that will allow eligible users to buy, trade and hold tokenized US stocks and exchange-traded funds (ETFs) directly through their near.com accounts.
NEAR Intents power transactions and enable cross-chain routing across more than 30 networks. The infrastructure also supports confidential transaction execution.
NEAR extends recovery, jumps 240% year-to-date
The developments have coincided with a substantial recovery in NEAR’s market value.
NEAR is trading close to $5, up 6% in the past 24 hours. The token has gained roughly 176% over the past 30 days, making it one of the stronger-performing major Layer-1 tokens during the period.
NEAR has now recovered from its earlier 2026 lows, with elevated trading activity accompanying the move toward higher price levels. The token is up 240% year-to-date, with a market cap of $6.5 billion that puts it in 22nd place among the largest cryptocurrencies by market cap.
