Blockchain

Bitwise Is Pitching NEAR to Wall Street as an AI Bet

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/10/2026, 11:53:25 UTC.

Briefings

Bitwise launched its first U.S. spot NEAR ETF, attracting $35.5 million on day one. The fund's success is attributed to a strong AI-first pitch by founders Hunter Horsley and Sal Ternullo, highlighting the growing demand for AI-related spot ETFs in the U.S. market.

Key points

• Bitwise launched its first U.S. spot NEAR ETF, which drew $35.5 million on day one.
• The fund's strong performance is attributed to a strong AI-first pitch by founders Hunter Horsley and Sal Ternullo.

Context

Bitwise's NEAR ETF represents a significant entry into the U.S. spot ETF market, driven by the company's AI-first pitch strategy. This launch signals growing investor interest in AI-related spot ETFs, with Horsley and Ternullo leading the initial demand.

Limitations

The evidence covers only the initial day-one performance and the founders' pitch strategy. It does not include long-term performance data, broader market context, or specific investor demographics.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 20/10/2026, 08:25:51 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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