coin-img-ETHETH+1.96%coin-img-BTCBTC+0.27%coin-img-SOLSOL+0.99%coin-img-XRPXRP+2.38%coin-img-BENZBENZ+960.52%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+1.39%coin-img-DOGEDOGE+3.08%coin-img-ETHETH+1.96%coin-img-BTCBTC+0.27%coin-img-SOLSOL+0.99%coin-img-XRPXRP+2.38%coin-img-BENZBENZ+960.52%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+1.39%coin-img-DOGEDOGE+3.08%coin-img-ETHETH+1.96%coin-img-BTCBTC+0.27%coin-img-SOLSOL+0.99%coin-img-XRPXRP+2.38%coin-img-BENZBENZ+960.52%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+1.39%coin-img-DOGEDOGE+3.08%coin-img-ETHETH+1.96%coin-img-BTCBTC+0.27%coin-img-SOLSOL+0.99%coin-img-XRPXRP+2.38%coin-img-BENZBENZ+960.52%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+1.39%coin-img-DOGEDOGE+3.08%

Bitwise Debuts Spot Avalanche ETF (BAVA), Sees $400,000 Volume in First 90 Minutes

Bitwise has launched its spot Avalanche ETF, trading under the ticker BAVA, according to ChainCatcher. The fund holds AVAX directly and plans to stake its AVAX holdings, aiming to distribute about 5.4% in average staking rewards while preserving liquidity. BAVA recorded $400,000 in trading volume within the first 90 minutes of trading. Bloomberg ETF analyst James Seyffart described the early activity as \u0022quite good.\u0022
Selected
AVAX
AVAX+1.18%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.