- VanEck launches U.S.-listed AVAX ETF, offering spot exposure.
- AVAX traded around $11.7 post-ETF launch.
- ETF features unique staking through major providers.
VanEck has launched its VanEck Avalanche ETF (VAVX) on Nasdaq, marking the first time a U.S.-listed exchange-traded product offers spot exposure to AVAX with staking rewards.
This launch signifies potential shifts in institutional involvement with AVAX, yet no direct correlation with AVAX price recovery has been confirmed.
The VanEck Avalanche ETF, with launch on Nasdaq effective January 26, 2026, marks the first U.S.-listed ETF offering spot exposure to AVAX with staking rewards. This ETF offers new opportunities for investors.
Led by Kyle DaCruz, VanEck aims to provide a transparent investment vehicle for AVAX. The ETF utilizes staking via key providers like Benqi Finance, offering a gross yield of 4.86%. “We’re excited to launch VAVX to provide investors with a transparent, exchange-traded vehicle to access a network that we believe will drive the next phase of institutional blockchain adoption,” said DaCruz.
VAVX’s immediate market recognition, led to a slight uptick in AVAX’s price, trading at approximately $11.7. This ETF’s design could impact institutional adoption, fostering interest in Avalanche’s network.
Initial staking fees are waived for up to $500M in assets, aiming to attract early adopters. Future management fees are capped at 0.30%. This financial structure could influence funding dynamics in the market.
VAVX offers potential long-term shifts in institutional AVAX exposure. While there are no immediate regulatory changes, the ETF introduction aligns with growing blockchain adoption trends.
The ETF’s introduction indicates a potential growth trajectory for Avalanche’s technology adoption. Historical data suggests such financial products may encourage greater liquidity and blockchain integration in traditional finance sectors.
