Company
Crypto-focused asset manager offering ETFs and investment funds, including spot Bitcoin and staked crypto products, across tens of billions in assets.
Bitwise CIO Matt Hougan puts NEAR at $155.85 by 2030, a 40-fold gain, on a model of 328 million AI agents making 1,000 transactions a year. The base case is built on agent payments alone, yet Hougan says existing chain activity backstops the token if agentic finance fails.
Reality
Bitwise's NEAR ETF, ticker NRR, cleared NYSE Arca and the SEC on September 24 to list with 100% of its tokens staked, for a 0.75% annual fee. Holders only beat plain price exposure if staking rewards beat that fee, and one listing tells us less about SEC policy on staking than it appears to.
Reality
A Bitwise poll of about 400 wealth managers put stated intent to allocate at 60% within a year. The Bitwise/VettaFi benchmark shows 32% of advisors allocated in 2025, and 42% could buy crypto at all.
Reality
Forced closures of bearish bets, counted at $648 million by Crypto Briefing and above $600 million by CoinGlass, carried bitcoin to its highest price since January. Glassnode puts the US spot ETF cohort's average entry at $85,638.
Perspective Coverage
8 publishersReality
September 3 brought $730.9 million and September 18 brought $433 million, so the other eleven sessions of the month netted a combined outflow near $850.3 million against a category holding about $102.5 billion.
Reality
Three launch strategies, two of them nearly the same basket, sold on speed against ETF timelines into a category rwa.xyz sizes at $2.49 billion.
Reality
vaults.fyi puts curated DeFi at $11.29 billion with five teams on 69.3% and Morpho carrying 46.2%. DefiLlama counts a different $7.18 billion and finds the same concentration.
Reality
Bitwise and Superstate would leave BSOL's rights and purchase channels untouched and change only who keeps the ownership record. That is the version of a tokenized fund that can plausibly clear compliance.
Reality