- Bitwise NEAR ETF gets green light to list on NYSE Arca under $NRR.
- This is a huge milestone move for Near Protocol.
- Ambitious pump scenarios places next NEAR ATHs at $155 – $562.
The crypto community is thrilled to see altcoin prices hold strong, even as ETH falls slightly and BTC takes a bigger dip. At the moment, expectation for the popular altcoin NEAR to hit higher prices are greater than ever. To highlight, Bitwise NEAR ETF gets green light to list on NYSE Arca under $NRR. This has led to many market experts calling for the price of NEAR to go as high as $155 – $562.
Bitwise NEAR ETF Gets Green Light to List on NYSE Arca Under $NRR
The altcoin and NEAR community is abuzz today as it was confirmed that Bitwise published the final prospectus for a spot NEAR ETF. To specify, the ticker $NRR has been confirmed to debut on NYSE Arca, as of September 24. Additionally, it is clear that the custodian is Coinbase Custody, ensuring that the trust stakes its NEAR and keeps about 67% of the rewards, a regular standard for staking ETFs.
As we can see from the post above, the enthusiast goes on to state that the effect is still real and that inflows do not only buy NEAR on the market, but rather also move it into staking and out of liquid supply. When Bitwise wrote the filing, NEAR was around the 27th largest asset by market cap with $272 million of average daily volume. From now onwards, anyone can hold NEAR in an ordinary brokerage account.
Responses to the post above are highly bullish or tentatively curious. According to one response, the spotlight is on the staking mechanism, which is the differentiator for $NRR. In detail, $NRR can stake up to 100% of holdings, meaning share value compounds from protocol rewards on top of price action. This is structurally different from BTC/ETH spot ETFs and could set precedent for how PoS L1 ETFs get built going forward.
NEAR Price Could Surge to $155 – $562
Bitwise’s spot NEAR product cleared NYSE Arca listing under ticker NRR. Filings around September 24, 2026 show the exchange approved the listing application and the trust’s registration became effective (Form 8-A). Coverage from September 25 – 27 treats launch as imminent. Some bold posts state that Bitwise raises its NEAR base-case price target to $155, while its bull-case target stands at $562.
However, only the market’s response will prove it, and this will ultimately depend on liquidity, adoption, and actual demand for the product. After all, the BTC ETF took ETH from $2,000 to $4,000 in weeks. In contrast, NEAR is leaner, faster, and has actual dApp volume. If institutional demand follows, the same playbook with a smaller cap, could lead to an explosive price movement.
All in all, the NYSE Arca listing is a meaningful access catalyst for NEAR, but $155 base and $562 bull are valuation scenarios; not ETF-driven price targets. The real test is whether $NRR attracts sustained flows and NEAR holds demand after the launch headline fades. No doubt, NEAR ETF getting the green light is a major milestone, leading to ambitious price pump scenarios, but the bigger story is institutional access to NEAR through NYSE Arca.
