Bitwise Launches Avalanche ETF: Bringing Institutional Access to the Blockchain

Bitwise Asset Management has announced the launch of its new Avalanche exchange-traded product (ETP), BAVA, set to debut in November 2025. This move provides institutional investors with a readily accessible way to invest in the Avalanche blockchain. With a management fee waived for the initial period, Bitwise’s ETF aims to generate greater investor engagement and liquidity for AVAX. The announcement has been met with positive market reactions, contributing to a surge in the price of AVAX by around 7%. The ETF’s launch is expected to increase institutional interest in Avalanche as it provides greater access to the blockchain.