Key Insights:
Bitwise has launched its spot Avalanche ETF today.
The AVAX ETF debuted on the NYSE under the ticker ‘BAVA’.
AVAX price rose sharply after the announcement, breaking above the $9.50 level.
Bitwise Asset Management has launched a new spot Avalanche ETF. The fund tracks Avalanche, increasing institutional access to the layer-1 blockchain ecosystem. The product, which has the ‘BAVA’ ticker on the NYSE, went live on April 15, 2026.
Bitwise Introduces Spot Avalanche ETF
The fund is designed to offer investors exposure to Avalanche (AVAX) without having to hold the token. Bitwise also intends to increase profits by staking a portion of its fund’s holdings through its internal unit, Bitwise Onchain Solutions.
The asset manager has mentioned that the approach would help in balancing the liquidity requirements with participation in network rewards. As of now, the staking rewards offer an average return of 5.4%.
“Avalanche is emerging as one of the leadin
We współpracy z: https://www.thecoinrepublic.com/2026/04/16/bitwise-launches-avalanche-etf-with-avax-staking-rewards/
