As reported by CryptoDnes, VanEck has submitted a revised registration filing for its Avalanche-linked ETF, which includes a staking feature. The fund, if approved, would be listed on Nasdaq under the ticker VAVX and provide exposure to AVAX. Coinbase Crypto Services will manage the staking operations, allowing the ETF to generate on-chain rewards. VanEck has also proposed a 0.30% management fee and is engaging with the SEC through multiple amendments to its filing.
VanEck Submits Revised Avalanche ETF Proposal With Staking Feature
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Summary
VanEck has filed a revised Avalanche ETF proposal with a staking feature, as reported by CryptoDnes. The fund, if approved, will trade on Nasdaq as VAVX and track AVAX. Coinbase Crypto Services will handle staking, enabling on-chain rewards. The proposed fee is 0.30%, and the firm is actively updating its SEC filing. Investors considering a low fee crypto exchange may find this development relevant. Some are also asking, is KuCoin safe, as staking features gain attention in the market.
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