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Bitcoin Cash and NEAR Protocol outperform Bitcoin in weekly rally
Bitcoin Cash (BCH) and NEAR Protocol experienced significant weekly gains during the week ending September 26. Bitcoin Cash rose approximately 33%, climbing from $252.67 to $335.96, while NEAR Protocol increased by about 21%, rising from $4.16 to $5.04. Both assets outperformed Bitcoin during this period.
Several regulatory and institutional developments contributed to the market activity. CME Group has announced plans to launch standard and Micro Bitcoin Cash futures on October 19, pending regulatory review. Additionally, a Securities and Exchange Commission filing indicates that the registration for a Bitwise NEAR ETF became effective on September 24, though this does not confirm a specific trading launch date.