bava

The company BitWise issues the ETF #AVAX listed on the stock exchange with staking returns.

BitWise updates fund #Avalanche #ETF (symbol: #BAVA ) to become the first U.S. digital currency fund offering staking returns. Key points:

- Stake up to 70% of shares #AVAX to achieve rewards for investors.
- The lowest cost fund in this field: annual fees of 0.34%, compared to 0.40% for VanEck and Grayscale funds.
- Staking rewards are distributed to shareholders after operational fees of 12%.
- Competing products lack yield generation, giving BAVA a clear advantage for digital currency investors focused on income.

Launch date: Q1 2026 on the New York Arca stock exchange.

This is a significant achievement for the Avalanche fund, and a major step for cryptocurrency ETFs offering real returns.
$AVAX

🚀 Bitwise Avalanche ETF Nears Launch!
Updated SEC filing submitted ✅
Ticker: $BAV| Fee: 0.34% 💰
Stake up to 70% AVAX for extra rewards 🔥
First month fee waived for first $500M 💎
Could become first US yield-generating AVAX ETF 📈
$AVAX
#AvalancheETF #CryptoNews #BAVA