Grayscale Investments is set to launch its Avalanche Staking ETF (GAVA) on Nasdaq this Friday, converting a private trust that holds 572,000 AVAX with a net asset value of $23.33 per share. The fund will stake part of its AVAX to earn rewards, which averaged 7.36% last year, though returns are not guaranteed. The launch follows VanEck’s similar ETF in December 2025 and signals rising traditional finance interest in Avalanche’s growing gaming and DeFi ecosystem.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The Digital Asset Market Structure CLARITY Act is hitting a key moment, with Senate talks…
When Charles Hoskinson and others in the crypto space talk about operating with regulatory clarity…
Bitcoin price has moved back above $78,000, with momentum supported by a clear return of…
Sportsbook rewards have entered a new phase. A growing share of wagering volume on regulated…
Asteroid Shiba is down nearly 12% in 24 hours, trading around $0.00036. The drop comes…
The CLARITY Act could be completed by the end of May 2026, according to Senator…
