ETH

The encrypted ETF sector welcomes another innovative milestone!
VanEck's AVAX spot ETF (code
VAVX) has officially launched on the Nasdaq, becoming the first return-type encrypted ETF in the U.S. market that integrates token price fluctuations with on-chain staking rewards. This directly propels the allocation of public chain assets into a new stage of yield and professionalism.
Unlike traditional encrypted ETFs that only track prices, VAVX will stake up to 70% of AVAX holdings in compliance, returning the full amount of staking rewards to investors after deducting fees, allowing traditional funds to enjoy both AVAX price appreciation and native public chain returns without needing to engage in on-chain operations, perfectly bridging traditional financial investment habits with the yield logic of web3.
VanEck has also launched significant fee benefits, waiving sponsorship fees for the first $500 million in managed assets, greatly reducing the difficulty of allocation for both institutions and retail investors with a very low participation threshold. This launch not only solidifies AVAX's position as a mainstream asset, bringing massive compliant incremental funds to its ecosystem, but also creates a paradigm for yield-type products in U.S. encrypted ETFs, providing important references for the approval of similar products for PoS public chains like SOL and DOT, accelerating the entire encrypted market's transition from pure price investment to a composite allocation of value + yield. $ETH
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