Bitwise AVAX Spot ETF Begins Trading Today, with $400,000 in Trading Volume in the First 90 Minutes
BlockBeats News, April 16th, Bitwise today officially launched the Spot Avalanche ETF (ticker: BAVA). This ETF directly holds AVAX tokens and plans to stake the held AVAX while maintaining liquidity, sharing approximately 5.4% of the average staking rewards.
The Spot AVAX ETF opened today with a trading volume of $400,000 in the first 90 minutes, with Bloomberg ETF analyst James Seyffart commenting that it was "quite good."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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