Asset management firm Bitwise has filed an amended S-1 registration statement with the SEC to launch an Avalanche AVAX exchange-traded fund (ETF) that incorporates staking. The proposed ETF, ticker symbol BAVA, aims to offer investors exposure to the price of AVAX, the native token of the Avalanche blockchain, while also generating additional returns through staking. 500 million USD in assets will be waived on initial fees. 80% of investments can be staked, with a minimum of 2,000 AVAX and a maximum of 3 million per validator. This filing comes after an initial submission in September 2025 and positions the product as a potential addition to the U.S. crypto ETF market. The proposed launch is targeted for Q1 2026 on the NYSE Arca exchange. This development follows Bitwise’s success with their European ETPs. 80% of investments can be staked, with a minimum of 2,000 AVAX and a maximum of 3 million per validator. 80% of investments can be staked, with a minimum of 2,000 AVAX and a maximum of 3 million per validator.