According to Crypto Briefing, three asset managers — Bitwise, VanEck and Grayscale — have each launched a spot Avalanche fund in the United States. The funds trade under the tickers BAVA, VAVX and GAVA. Approximately 70% of the AVAX held by these funds is staked to generate yield. Grayscale’s GAVA already shows an 81% staking rate. Avalanche’s current annualized staking yield is around 5.4%, and net staking income is reflected in each fund’s net asset value. Avalanche is a Layer-1 blockchain. These staking-enabled spot funds let investors gain exposure to AVAX and earn staking rewards without directly holding the cryptocurrency. Management fees range from 0.20% to 0.50%. This setup provides institutional investors with a vehicle that combines price exposure and income potential, as the staked assets produce ongoing returns that flow into the fund’s NAV.
Bitwise, VanEck and Grayscale have separately launched spot Avalanche funds in the United States, trading under the tickers BAVA, VAVX and GAVA. Each fund stakes roughly 70% of its AVAX holdings to generate yield.
Data shows Grayscale’s GAVA has already reached a staking rate of 81%. Avalanche’s current annualized staking yield is approximately 5.4%, and net staking income is reflected in the fund’s net asset value.
Avalanche is a Layer-1 blockchain. These staking-backed spot funds allow investors to gain exposure to AVAX and earn staking rewards without directly holding the cryptocurrency. Management fees range from 0.20% to 0.50%, offering institutional investors an investment vehicle that combines price exposure with income potential.
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