Bitwise Asset Management has submitted an amended S-1 registration statement to the U.S. Securities and Exchange Commission for a spot Avalanche AVAX ETF that incorporates staking. The new filing, dated November 27, 2025, outlines key details of the proposed ETF, which aims to offer investors exposure to the price of AVAX, the native token of the Avalanche blockchain. The fund will generate additional returns by staking a portion of its holdings on the network. This development follows an initial filing in September 2025, and positions the product as a potential addition to the U.S. crypto ETF market with a targeted launch in the first quarter of 2026 on the NYSE Arca exchange.