VanEck Avalanche ETF

The VanEck Avalanche ETF is an exchange-traded product that provides investors with spot exposure to Avalanche (AVAX), the native token of the high-performance Avalanche blockchain. Launched in January 2026 as the first U.S.-listed ETP of its kind, it tracks the price performance of AVAX while offering potential staking rewards through managed staking of a portion of its holdings via third-party providers, subject to sponsor discretion to mitigate legal and regulatory risks. This structure simplifies access for institutions and wealth managers, eliminating the need for direct custody or validator management. Avalanche's scalable architecture supports customizable Layer 1 blockchains, near-instant transaction finality, and smart contracts with low fees, attracting partnerships with entities like Citigroup, FIFA, and Gunzilla Games. AVAX powers network fees, which are burned for deflationary effects, and staking secures the proof-of-stake consensus. VanEck waives sponsor fees on the first $500 million in assets until February 28, 2026, thereafter at 0.20%, enhancing cost efficiency. Holdings consist entirely of AVAX, positioning the ETF as a bridge between traditional finance and blockchain utility.