Lates News

On April 16th, Bitwise officially launched the spot Avalanche ETF (code: BAVA). This ETF directly holds AVAX tokens and stakes them while maintaining liquidity, sharing an average staking yield of about 5.4%. Bitwise's spot AVAX ETF had a trading volume of $400,000 in the 90 minutes before market opening today. Bloomberg ETF analyst James Seyffart commented that this was "quite good".