NEAR Price Hits Make-or-Break Level as ETF Inflows Fade

NEAR is testing a support zone where a key moving average and a Fibonacci level meet. Bitwise’s spot NEAR ETF has recorded net inflows in every week since launch. The fund already holds a meaningful slice of NEAR’s circulating supply. Weekly inflows are shrinking, and the fund’s average entry sits above the current price. NEAR price is holding around $4.59 on Sunday after another dip into the $4.30 support zone found buyers, while Bitwise’s spot NEAR ETF (NRR) closed its fourth straight week of net inflows with roughly $5.2 million added between October 19 and 23.

Source: Crypto News Flash