Bitwise has introduced the Bitwise Avalanche Staking ETP (AVNB) on the Xetra exchange, providing investors with access to AVAX token performance and staking rewards without the need for technical management. The ETP aims for a 4.83% net staking yield and charges a 0.85% annual management fee, with AVAX tokens securely held in cold wallets. This launch expands Bitwise's European ETP offerings, which now include five products, including a notable Ethereum Staking ETP managing over $300 million in assets.