NEAR: Bitwise Staking ETP Hits $100M AUM
NEAR Protocol sees Bitwise NEAR Staking ETP surpass $100 million AUM as price holds $4.53 with bullish EMA structure intact.
SourceAnalysis
Bitwise NEAR Staking ETP crossed the $100 million AUM threshold, underscoring sustained institutional demand for NEARProtocol exposure in Europe.
Price action at $4.53 sits inside Bollinger Bands with upper resistance at $4.69; the overbought RSI(14) at 75.55 alongside the MACD golden cross at 0.32 points to a probable retracement toward the EMA50 support at $3.48 before any extension higher, while the EMA200 at $2.55 anchors the broader bullish structure established over the past year.
Matt Hougan
@Matt_HouganBitwise Invest's CIO and FutureProof co-founder, former ETF.com CEO bringing deep investment expertise to digital assets.