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VanEck Submits Revised Avalanche ETF Proposal With Staking Feature

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AVAX
$12.223-0.08%
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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