🪙 Cryptocurrency 6d ago · Coin Edition

Bitwise Launches Avalanche ETF (BAVA) on NYSE with Staking Rewards

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Bitwise launched the Avalanche ETF BAVA on the NYSE, offering listed AVAX exposure with staking.



BAVA includes AVAX staking via Bitwise Onchain Solutions, with rewards averaging 5.4%.



AVAX ETF inflows have stayed flat since March 17 as Bitwise expanded toward 15 ETF products.




Bitwise Asset Management has launched an Avalanche ETF in the United States, expanding its crypto fund lineup with a product tied to AVAX. The fund now trades on the New York Stock Exchange under the ticker BAVA.

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