The first Avalanche spot ETF has been launched in America $AVAX
It is trading on the Nasdaq exchange under the VAVX ticker, managed by VanEck.
Investors can now take advantage of the price of AVAX and staking rewards directly.
There will be no management fee until the assets reach $500 million or until February 28, 2026.
After that, a sponsor fee of 0.20% has been set $XRP
Avalanche is now a reliable platform just like Ethereum and Solana for institutions $SOL
#Avalanche #AVAX #VanEck #VAVX #CryptoETF #Nasdaq #InstitutionalInvestment
