AVAX gains over 2% as VanEck updates Avalanche ETF filing to include on-chain staking

AVAX climbed more than 2% after VanEck revised its Avalanche ETF filing with the U.S. SEC to incorporate on-chain staking and appointed Coinbase Crypto Services as staking provider. The planned ETF aims to mirror AVAX price performance and staking returns with a 0.30% management fee, while AVAX traded around $12.22 amid rising open interest but softer trading volumes.