Bitwise Asset Management has announced the upcoming launch of its Avalanche spot exchange-traded product, Bitwise Avalanche ETP (BAVA), which will begin trading on the NYSE on April 15, 2026. According to Foresight News, this product aims to provide investors with exposure to AVAX while participating in staking through Bitwise's on-chain solutions division. The strategy is designed to maintain liquidity while engaging in Avalanche's average staking yield of approximately 5.4% to enhance overall returns.