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VanEck Reveals 4% Fee and 70% Staking Structure for Proposed Avalanche ETF

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AVAX
$12.078-0.91%
VanEck filed an S-1 amendment with the US SEC for its proposed Avalanche ETF, revealing a 4% fee on staking rewards and a 70% staking allocation for AVAX. ETF news trading could see shifts as Coinbase Crypto Services is named staking provider, charging a 0.30% management fee. The strategy aims to generate yield through staking, which may impact AVAX’s market position and ETF competition. Traders tracking TA for crypto will likely monitor how this structure affects AVAX’s performance and broader ETF trends.
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