Crypto asset manager Bitwise has launched the first US spot exchange-traded product tracking NEAR, giving investors exposure to the token through a fund trading on NYSE Arca.The Bitwise NEAR ETF, trading under the ticker NRR, carries a 0.75% management fee and will hold NEAR directly, with Bitwise intending to stake a significant portion of the fund’s tokens.The launch comes as activity on NEAR Intents, the network’s cross-chain transaction protocol, has increased sharply, with volume rising to more than $32 billion compared with less than $1 billion a year ago, according to Bitwise.Bitwise chief investment officer Matt Hougan told Cointelegraph that…

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