VanEck has launched the first-ever spot Avalanche (AVAX) exchange-traded fund (ETF), which is now tradable on Nasdaq under the ticker $VAVX. This launch marks a significant step in bridging traditional finance with the crypto ecosystem.

The VAVX ETF aims to track the price of AVAX, the native cryptocurrency of the Avalanche blockchain, while incorporating rewards from staking a portion of its holdings. Avalanche is known for its high-speed, scalable blockchain technology, which supports decentralized applications, custom blockchains, and smart contracts. This ETF provides cost-effective exposure through secure custody, without the need for investors to directly manage cryptocurrency wallets or staking operations.
Key features of the ETF include:

The fund stakes a portion of its AVAX to generate rewards, with a current gross staking yield of approximately 5.57% as of January 23, 2026. Note that this is not guaranteed and represents yields before fees.

VanEck is waiving its sponsor fee entirely for the first $500 million in assets until February 28, 2026. Beyond that threshold or after the waiver period, the fee is 0.20%. This competitive structure is designed to attract early inflows.

The launch comes amid growing institutional interest in cryptocurrencies beyond Bitcoin and Ethereum. AVAX, currently trading around $11.80 USD, saw a modest surge of over 1% following the announcement, emerging from recent market dips. Analysts suggest this ETF could boost liquidity and adoption for Avalanche, potentially driving further price recovery in a volatile crypto market.

VanEck, a pioneer in digital asset ETFs, continues its tradition of innovation. The firm previously launched Bitcoin and Ethereum spot ETFs, positioning itself as a leader in bridging traditional finance with blockchain technology.

Read More:
https://www.vaneck.com/us/en/investments/avalanche-etf-vavx/overview/