Bitwise has launched the Bitwise NEAR Staking ETP on Deutsche Börse Xetra, aiming to provide investors with regulated, efficient exposure to NEAR Protocol, a blockchain built for AI applications.
The launch marks another milestone in a series of product innovations designed to broaden traditional investment access to the crypto market.
The new ETP, designed for both institutional and retail investors, aims to generate additional returns of 5.5% net of fees by staking NEAR tokens held within the product.
Bradley Duke, head of Europe at Bitwise, said the product combines exposure to NEAR’s price movements with compounded staking rewards, delivered through Bitwise’s regulated ETP structure.
“There is a lot of noise in the world of crypto and we are excited to partner with a genuine innovator in both blockchain and AI,” said Duke.
“The Bitwise NEAR Staking ETP gives investors exposure to price movements in the NEAR token as well as compounded return from staking rewards all with Bitwise’s best-in-class ETP structure.”
Bitwise has positioned the new ETP as an alternative for investors seeking staking rewards without managing technical complexities, backed by institutional custody.
“NEAR was built to power a new kind of internet, one where AI serves people, not platforms,” said Illia Polosukhin, co-founder at the NEAR Foundation.
“This ETP brings that vision closer to investors worldwide. By making NEAR more accessible through Bitwise’s trusted products, we’re accelerating mainstream adoption of user-owned AI infrastructure.”
The launch reflects growing demand for regulated and accessible crypto investment products that bridge traditional markets with emerging blockchain technologies.
