VanEck has revised its S-1 filing with the SEC to incorporate staking rewards in its proposed Avalanche ETF. The fund plans to stake up to 70% of its AVAX holdings through Coinbase, which will impose a 4% fee. AVAX assets will be securely stored in cold wallets managed by Anchorage Digital and Coinbase Custody. The ETF will track AVAX prices using the MarketVector Avalanche Benchmark Rate, without employing leverage or derivatives. Upon approval, the ETF will trade under the ticker VAVX on Nasdaq.
VanEck Proposes Avalanche ETF with Staking Rewards
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