Bitwise Files for Avalanche AVAX ETF: Key Features and Risks Unveiled

Bitwise Asset Management has submitted a revised registration statement with the U.S. Securities and Exchange Commission (SEC) for an Avalanche AVAX exchange-traded fund (ETF). The proposed ETF, known as 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. The filing, dated November 27, 2025, details this innovative approach to crypto investment.