Bitwise Files for Avalanche AVAX ETF: Key Details & Risks

Bitwise Asset Management has filed an amended prospectus with the U.S. Securities and Exchange Commission (SEC) for a spot Avalanche AVAX ETF that incorporates staking, aiming to launch in early 2026 on the NYSE Arca exchange. This development comes after initial filing submitted in September 2025. The proposed ETF, with ticker symbol BAVA, seeks to offer investors exposure to the price of AVAX, the native token of the Avalanche blockchain, while generating additional returns through staking a portion of its holdings. The fund will track the spot price of AVAX and leverage staking as a secondary mechanism for enhanced returns.