🚀 NEAR Protocol Skyrockets After Bitwise Debuts Game-Changing Staking ETP in Europe – Daily Yields Now Accessible!

NEAR Protocol just got a turbocharge. Bitwise’s new staking ETP cracks open European markets with something trad-fi can’t match: daily yield payouts. Traders are piling in—proof that crypto innovation still outpaces legacy finance’s spreadsheet jockeys.

Why this matters: Staking rewards meet institutional-grade packaging. Bitwise’s product lets investors tap into NEAR’s 12%+ staking yields without locking assets or running nodes. A direct challenge to Europe’s sleepy dividend stocks.

The cynical take? Banks will spend 18 months ‘evaluating’ this model while degens front-run them. Again.

TLDR

• Bitwise launches NEAR Staking ETP on Xetra, offering daily yield and liquidity.

• NEAR price jumps 8% as Bitwise unveils staking ETP with regulated access.

• Bitwise expands crypto suite with NEAR ETP, enabling simple staking exposure.

• New NEAR ETP offers secure, lock-up-free staking via regulated EU exchanges.

• NEAR ecosystem grows as Bitwise ETP brings staking returns to wider markets.

Bitwise Asset Management introduced the Bitwise NEAR Staking ETP on Deutsche Börse Xetra, targeting both institutional and retail participants. The new product offers direct access to NEAR staking yields along with daily liquidity and regulated trading. The launch fueled market momentum as NEAR’s price increased by over 8% within 24 hours.

We’re pleased to announce the launch of the Bitwise NEAR Staking ETP (Ticker: NEAR | ISIN: DE000A4A5GV2) on Deutsche Börse Xetra.

The ETP offers efficient, regulated exposure to @NEARProtocol —a high-performance, energy-efficient LAYER 1 blockchain purpose-built for the AI era,… pic.twitter.com/oPWI2bGr5d

— Bitwise Europe (@Bitwise_Europe) July 2, 2025

The Bitwise NEAR Staking ETP, listed under ticker NEAR and ISIN DE000A4A5GV2, aims to optimize exposure to staking rewards. Designed in Germany, the product emphasizes low total cost and consistent yield accumulation. It tracks the CF NEAR Staked Return Index, ensuring transparent performance against a recognized market benchmark.

Bitwise structured the ETP for those seeking efficient blockchain exposure without managing custody, technical infrastructure, or validator delegation. It includes institutional-grade cold storage and removes typical lock-up restrictions. Participants benefit from daily returns while accessing regulated European exchanges.

Bitwise Expands European Crypto Product Suite

The NEAR Staking ETP marks the fourth addition to Bitwise’s European Total Return lineup, reinforcing its position in digital asset products. The suite also includes the Bitwise ethereum Staking ETP (ET32), which has exceeded €200 million in assets. This expansion aligns with Bitwise’s strategy to scale across diversified blockchain ecosystems.

With this launch, Bitwise continues to capitalize on demand for staking access through regulated investment vehicles. The ETP structure allows participation in NEAR’s blockchain growth while retaining portfolio liquidity. Its streamlined format supports broader portfolio integration and low-friction asset exposure.

Bitwise emphasized its commitment to transparency, efficiency, and innovation in bringing blockchain yield products to traditional markets. The firm leverages strategic partnerships to deliver simplified access to emerging crypto platforms. This move reflects an evolving approach to crypto investing in regulated financial infrastructure.

NEAR Protocol Gains Momentum on Ecosystem Strength

NEAR Protocol’s price climbed from $2.08 to $2.20 over 24 hours, reflecting a 8.61% market increase. Trading volume ROSE by 36.28% to $167.7 million, signaling rising engagement and capital movement. Market cap reached $2.71 billion an increase of 7.6%.

Source: CoinMarketCap

The blockchain’s architecture supports scalability, AI integration, and real-world usability, which continue to attract network growth. NEAR simplifies user interaction through features like account usernames and chain abstraction for seamless cross-chain access. Its unique infrastructure enables decentralized applications, AI agents, and data control.

NEAR was recently ranked second among blockchain platforms by monthly active users in Q2 2025, trailing only Solana. Its chain signatures let users operate across multiple chains using a single NEAR account. The platform’s rise reflects growing interest in efficient, user-friendly blockchain solutions with strong utility.

Staking Provides Direct Yield With Simplified Access

Staking on NEAR secures the network while distributing rewards to those who delegate tokens to validators. Holders can benefit through either direct on-chain participation or via structured products like the Bitwise ETP. The ETP removes complexity while enabling consistent access to staking-generated returns.

Rewards accumulate daily without the need for manual validator selection or wallet custody, streamlining participation. The ETP uses professional cold storage and regulated listing to enhance security and accessibility for participants. NEAR’s staking model continues to drive ecosystem engagement and platform usage.

Bitwise adds a regulated path to NEAR staking returns, meeting growing demand for secure blockchain income products. The ETP responds to market needs for simplicity, transparency, and access to the performance of scalable, next-generation blockchain protocols.