Bitwise NEAR Staking ETP Lists on XETRA, Targeting 5.5% Net Staking Yield

Frankfurt – The Bitwise NEAR Staking ETP (ISIN DE000A4A5GV2) officially commenced trading on Deutsche Börse’s XETRA exchange on July 2, 2025, marking a significant step for institutional and retail investors seeking regulated exposure to the NEAR Protocol and its staking rewards. The product aims to deliver an estimated 5.5% net staking yield, providing a streamlined investment avenue into the growing decentralized finance space.

The Exchange Traded Product (ETP) is designed to offer investors exposure to the performance of the NEAR token while also capturing additional staking rewards. Bitwise Europe confirmed that the ETP is fully backed by NEAR Protocol tokens held in professional cold storage custody, ensuring robust asset protection. The product tracks the CF NEAR Staked Return Index, providing transparency and a clear benchmark for performance.

NEAR Protocol, a high-performance Layer 1 blockchain, focuses on supporting AI-native applications, autonomous agents, and scalable Web3 infrastructure. Launched in 2020, it has gained traction for its sharding technology and user-friendly features, including human-readable account names. In Q2 2025, NEAR ranked as the second most-used blockchain platform by monthly active users, highlighting its growing adoption and strategic position in the convergence of AI and blockchain.

The listing on Deutsche Börse XETRA is particularly noteworthy, as XETRA is recognized as a leading trading venue for Exchange Traded Funds (ETFs) and ETPs in Europe. This platform provides daily liquidity and operates within a regulated framework, offering investors a familiar and secure environment to trade crypto-backed products without the complexities of direct token management or custody. The central clearing of these ETPs further reduces settlement risks for market participants.

Bradley Duke, Head of Europe at Bitwise, expressed enthusiasm for the launch, stating, "We are so pleased to launch this new ETP in partnership with NEAR. 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." He added that the ETP offers investors exposure to NEAR's price movements and compounded returns from staking rewards within Bitwise’s established ETP structure. Illia Polosukhin, Co-Founder of NEAR Foundation, echoed this sentiment, noting, "NEAR was built to power a new kind of internet—one where AI serves people, not platforms. This ETP brings that vision closer to investors worldwide."

The Bitwise NEAR Staking ETP is the fourth addition to Bitwise’s European Total Return product suite, following the success of the Bitwise Ethereum Staking ETP, which recently surpassed €200 million in assets under management. This expansion by Bitwise underscores the increasing institutional demand for regulated and accessible crypto investment vehicles, reflecting a broader trend of confidence in the digital asset ecosystem.