Bitwise Files for Avalanche AVAX ETF: Key Details Unveiled

Bitwise Asset Management has submitted a revised application with the U.S. Securities and Exchange Commission (SEC) seeking approval for a spot-based Avalanche AVAX exchange-traded fund (ETF). The proposed ETF, to be traded under the ticker BAVA, will offer investors exposure to AVAX, the native token of the Avalanche blockchain network, while also generating additional returns through staking.