NEAR: Bitwise Launches Spot ETF

Bitwise launched the NEAR ETF today, giving institutions direct spot exposure plus planned in-house staking, prompting Michaël van de Poppe to flag fresh accumulation and additional upside beyond the current leg higher.

On the 4h chart NEAR trades at $5.34 inside the Bollinger Bands, pressing the upper band resistance at $5.51 while the EMA50 at $4.76 and EMA200 at $3.44 anchor the bullish trend structure; the MACD golden cross at 0.1 keeps momentum constructive even as RSI at 62.17 stays neutral, suggesting any healthy retracement would likely find bids at the 50-EMA before continuation.