Bitwise’s Avalanche Spot ETF Takes Center Stage in Crypto Market

Bitwise is poised to launch the first U.S.-based spot ETF focused on the Avalanche blockchain, a move that could significantly impact the cryptocurrency market. Documents recently submitted to the SEC shed light on key aspects of the ETF, including its trading symbol and fee structure. Named BAVA, it will debut on NYSE Arca with zero management fees for the initial month.