Grayscale advances AVAX spot ETF listing, introduces new pledge yield arrangements

SignatureVerifier · 2026-01-03T02:21:39+00:00

Grayscale has updated the Avalanche spot ETF S-1 filing, adding a staking yield arrangement, becoming the third institution to introduce this mechanism. This ETF is planned to be listed on NASDAQ, providing investors with a more convenient AVAX exposure and increasing investment appeal.

SignatureVerifier

2026-01-03 02:21:39

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【Crypto World】Grayscale recently submitted an updated version of the Avalanche spot ETF S-1 filing to the SEC. The highlight of this update is the addition of a staking yield arrangement. This move makes Grayscale the third institution, after Bitwise and VanEck, to introduce a staking yield mechanism in an AVAX spot ETF product. According to the plan, this Avalanche ETF will be listed on Nasdaq under the ticker GAVX, providing easier access to AVAX for institutional and retail investors. The inclusion of staking yields means that holders may receive additional passive income, which is undoubtedly a plus for the competitiveness of the spot ETF. As more traditional financial institutions enter the spot ETF space, the process of crypto asset compliance continues to advance.

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