🔥 AVAX ETF Update: Bitwise Adds Staking To Its Spot Avalanche Fund

Bitwise has filed an updated S-1 with the SEC for its spot Avalanche ETF, now under the ticker BAVA.

Key highlights:

• Up to 70% of the AVAX held by the ETF can be staked

• Management fee proposed at 0.34%

• Bitwise keeps ~12% of staking rewards as a fee, with the rest flowing back to investors

• Filing adds stronger details on liquidity reserves and tighter custody/surveillance arrangements with Coinbase

This turns BAVA into a “yield-bearing” AVAX ETF — hold AVAX exposure and earn staking rewards through a regulated product.

Could this become the template for the next generation of altcoin ETFs?

This is informational only, not investment advice. Always do your own research. #AVAXETF #etf

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