Bitwise NEAR ETF sees $35.5 million net inflow on first day, proposes reduction in issuance
NEAR iShares Short Duration Bond Active ETF
$49.80 +0.04%
View chart & analysis → - 1Bitwise's NRR (NEAR ETF) recorded a net inflow of $35.5 million on its first day.
- 2SVRN CEO Sal Ternullo proposed a plan to gradually reduce NEAR's maximum annual issuance from 2.5% to 1.6% over 24 months.
- 3Bitwise's assets under management on the first day were tallied at $36 million.
So what's the key point?
The Bitwise NEAR ETF saw $35.5 million in inflows on its first day. A proposal was also made to reduce the issuance of NEAR.
Source 99bitcoins · View original ↗
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