Bitwise launches NEAR Staking ETP in Europe

Bitwise: Bitwise is a cryptocurrency-focused asset manager that develops and manages investment products such as exchange-traded products tied to digital assets. In the news, Bitwise partnered with NEAR Protocol to introduce the NEAR Staking ETP, extending regulated staking access to institutional investors in Europe. NEAR Protocol: NEAR Protocol operates a layer-1 blockchain platform optimized for scalable decentralized applications and user-friendly infrastructure. The Bitwise NEAR Staking ETP launch marks a direct collaboration that brings NEAR's staking capabilities into traditional investment vehicles for broader institutional reach. Bitwise NEAR Staking ETP: The Bitwise NEAR Staking ETP is a Europe-listed exchange-traded product providing exposure to NEAR with integrated staking features. It was launched by Bitwise in partnership with NEAR Protocol under the identifier DE000A4A5GV2 to support institutional participation in the NEAR ecosystem. Partnership: Bitwise and NEAR Protocol collaborated on the initiative to facilitate institutional engagement with NEAR staking. Product Launch: Bitwise officially launched the NEAR Staking ETP in Europe last July. Institutional Focus: The product targets professional investors to expand access to the NEAR ecosystem through a regulated ETP structure.