BitWise issues the #AVAX exchange-traded fund (ETF) with betting returns.
Wise announces fund #AVAX #Avalanche ( symbol: #ETF ) to become the first American cryptocurrency fund to offer staking returns. Key points:
- Bet up to 70% of the shares of #BAVA to achieve rewards for investors. - The lowest cost funds in this field: annual fees of 0.34%, compared to 0.40% for VanEck and Grayscale funds. - Staking rewards are distributed to participants after a 12% operational fee. - Competing products lack yield generation, giving BAVA a clear advantage for cryptocurrency investors focused on income.
Launch date: Q1 2026 on the New York Arca exchange.
This is a significant achievement for the Avalanche Fund, and a major step for exchange-traded cryptocurrency funds that offer real returns. $AVAX
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BasheerAlgundubi
· 11-30 12:15
Bitwise company issues the #AVAX exchange-traded fund (ETF) with staking yields.
BitWise issues the #AVAX exchange-traded fund (ETF) with betting returns.
Wise announces fund #AVAX #Avalanche ( symbol: #ETF ) to become the first American cryptocurrency fund to offer staking returns. Key points:
- Bet up to 70% of the shares of #BAVA to achieve rewards for investors.
- The lowest cost funds in this field: annual fees of 0.34%, compared to 0.40% for VanEck and Grayscale funds.
- Staking rewards are distributed to participants after a 12% operational fee.
- Competing products lack yield generation, giving BAVA a clear advantage for cryptocurrency investors focused on income.
Launch date: Q1 2026 on the New York Arca exchange.
This is a significant achievement for the Avalanche Fund, and a major step for exchange-traded cryptocurrency funds that offer real returns.
$AVAX