Bitwise NEAR Staking ETP (NEAS)

Overview

The Bitwise NEAR Staking ETP represents a pioneering approach to investing in the NEAR blockchain—an advanced, energy-efficient layer-1 platform tailored for applications that are native to artificial intelligence. This innovative exchange-traded product is crafted to empower both institutional and retail investors by providing uncomplicated access to staking rewards. By removing the complexities associated with token custody and technical management, this ETP simplifies the process of earning staking yields, making it accessible to a broader audience.

This ETP is engineered to accumulate daily staking yields, thereby improving its overall performance through a transparent benchmarking methodology. With a low total cost of ownership and secure cold storage managed by a reputable institutional custodian, it offers an appealing option for investors seeking to diversify their exposure to digital assets. By participating in the NEAR ecosystem, the Bitwise NEAR Staking ETP actively contributes to the wider acceptance of blockchain technology within the financial sector.

Products and Services

• NEAR Staking ETP:

  This central product offers investors exposure to the NEAR blockchain through a transparent exchange-traded structure. It simplifies the staking process, allowing for easy access to potential rewards without the complexity of direct token management.

• Institutional Custody:

  Secure cold storage solutions are provided through a reputable institutional custodian, ensuring that assets are protected against the risks associated with digital asset management.

• Transparent Benchmarking:

  The ETP utilizes a transparent benchmarking system that enhances performance by continuously accumulating daily staking yields, providing investors with a clearer understanding of their potential returns.

• Access for Retail and Institutional Investors:

  This product is designed to be accessible to a wide spectrum of investors, allowing both retail and institutional participants to benefit from staking rewards in a simplified framework.

• Diversified Digital Asset Exposure:

  By integrating with the NEAR ecosystem, investors gain exposure to a high-performance blockchain, which positions them to capitalize on the growth of AI-native applications and further blockchain technology adoption.