NEAR advances 6 percent following third day of spot ETF inflows
NEAR Protocol rose to $5.28, outperforming broader crypto markets as a US spot fund recorded continued net inflows.
NEAR Protocol gained between 6.0% and 6.2% over 24 hours to trade near $5.28, recovering from an intraday low of $4.88 and touching a session high of $5.45. The token sits roughly 9% higher over a seven-day window, with its market capitalization standing just below $6.9 billion as the 22nd largest cryptocurrency, though it remains about 74% below its January 2022 record of $20.40.
The performance outpaced major crypto assets, with Bitcoin advancing roughly 2%, Ether gaining under 1.8%, XRP rising 3.9%, and Chainlink adding 2.9% across the same timeframe. Among the 25 largest non-stablecoin crypto assets, NEAR ranked third behind Zcash.
Market data from Tokenpost attributed the move to steady institutional demand via Wall Street products. The Bitwise NEAR ETF, which launched on September 29, 2026, registered approximately $5.4 million in net inflows during its October 19 session, marking its third consecutive day of positive flows and lifting cumulative net inflows since launch to about $88.5 million.
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