International asset supervisor VanEck has launched a US-listed exchange-traded product providing publicity to Avalanche’s native token, AVAX (AVAX), marking the primary spot Avalanche ETF to commerce in america.
In line with Monday’s announcement, the product isn’t registered beneath the Funding Firm Act of 1940, although it might be topic to different US securities legal guidelines.
The fund will commerce beneath the ticker VAVX, monitoring the worth of Avalanche’s AVAX token and doubtlessly producing returns by staking. VanEck mentioned it’ll waive sponsor charges on the ETF’s first $500 million in property by Feb. 28. Belongings over $500 million earlier than Feb. 28 will probably be charged a 0.20% sponsor payment, which can apply to all property after that date.
Kyle DaCruz, director of digital property product at VanEck, instructed Cointelegraph that the ETF wrapper opens entry to the RIA and wealth administration market, in addition to for establishments to seize “community yield by an ordinary exchange-traded product with out the chance or complexity of managing the infrastructure themselves.”
Avalanche is an open-source blockchain community for decentralized purposes and good contracts that went reside in September 2020 and is developed by Ava Labs, a startup based by Cornell College pc scientist Emin Gün Sirer.
AVAX had a market capitalization of $5.1 billion on the time of writing and was buying and selling at $11.76. The token is down about 92% from its November 2021 all-time excessive of $144.96 and about 69% over the previous 12 months, in line with CoinGecko information.
VanEck first sought to launch an Avalanche ETF in March 2025, when it filed an S-1 registration assertion with US regulators. In April 2025, Nasdaq adopted with a rule-change submitting requesting approval to record and commerce the proposed Avalanche ETF, a required step earlier than the product may come to market.
The fund’s launch could pave the best way for added Avalanche spot ETFs which might be already within the regulatory pipeline. Grayscale Investments at present operates an Avalanche belief and filed in August 2025 to transform the product right into a spot ETF, whereas Bitwise Asset Administration submitted an S-1 registration for an AVAX spot ETF in September 2025.
Associated: US Bitcoin ETFs bleed $1.72B in five-day outflow streak
Crypto ETFs develop past easy value publicity
In line with an X publish from Bloomberg senior ETF analyst Eric Balchunas, on Monday BlackRock filed an S-1 registration assertion for its proposed iShares Bitcoin Premium Earnings ETF, which seeks to trace Bitcoin’s (BTC) value whereas producing earnings by promoting name choices totally on shares of its spot Bitcoin ETF, IBIT.
The submitting displays a broader shift in crypto exchange-traded merchandise, as issuers more and more design ETFs that mix digital property with portfolio methods and danger administration options somewhat than providing easy value publicity alone.
In December, Amplify ETFs launched two blockchain-focused ETFs on NYSE Arca. The Amplify Stablecoin Know-how ETF (STBQ) and Amplify Tokenization Know-how ETF (TKNQ) observe diversified indexes of corporations constructing infrastructure and producing income from stablecoins and tokenized property.
Bitwise Asset Administration additionally filed with the US Securities and Alternate Fee to launch 11 single-token “technique” crypto ETFs, a transfer that may develop its product lineup by providing regulated publicity to main altcoins together with Close to (NEAR), Sui (SUI), Uniswap (UNI), Aave (AAVE), Bittensor (TAO) and Zcash (ZEC).
Asset supervisor 21Shares not too long ago launched its Bitcoin Gold ETP, BOLD, on the London Inventory Alternate, providing a single exchange-traded product that mixes publicity to Bitcoin and gold, with roughly two-thirds allotted to gold and one-third to Bitcoin and buying and selling in each kilos sterling and US {dollars}.
Journal: A ‘tsunami’ of wealth is headed for crypto: Nansen’s Alex Svanevik
