Grayscale Avalanche Staking ETF

Grayscale Avalanche Staking ETF is an exchange-traded fund that provides investors with exposure to AVAX, the native token of the Avalanche network, while incorporating staking to participate in the network's Proof of Stake consensus model. This structure allows the fund to hold AVAX directly and stake a portion of its holdings to support network security and operations, potentially earning rewards associated with network participation that are reflected in the fund's performance net of expenses. Avalanche serves as a multi-chain smart contract platform designed to balance scalability, security, and decentralization, enabling high-throughput applications such as creating and transferring digital assets, executing smart contracts, and supporting custom blockchains known as Avalanche L1s. These features make it suitable for enterprise and institutional use cases including financial services, gaming, DeFi, and tokenized real-world assets. Grayscale Avalanche Staking ETF offers a regulated vehicle for investors seeking to access the Avalanche ecosystem without managing staking mechanics or custody directly, complementing Grayscale's broader suite of digital asset products focused on smart contract platforms.