Bitwise Launches First-Ever Spot Avalanche ETF with Staked Rewards

Bitwise has filed for the launch of a revolutionary new spot Avalanche ETF, introducing a unique combination of growth and passive income potential. The proposed ETF, denoted BAVA, aims to unlock staking rewards within the fund, potentially transforming how investors access crypto gains. This marks a significant step towards mainstream crypto adoption as it combines the stability of an ETF with the earning power of staking.