Bitwise Unveils Avalanche ETF to Capture AVAX Growth and 5.4% Average Staking Rewards

Bitwise launched the Avalanche ETF (BAVA) on the NYSE, with plans to stake AVAX under custody through its Bitwise Onchain Solutions division. The fund charges a 0.34% fee, with a promotional 0% period during the first month on the first $500 million in assets.

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