AVAX-backed VanEck Avalanche ETF (NASDAQ: VAVX) outlines structure, fees and staking

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The VanEck Avalanche ETF (VAVX) has detailed its structure, fees, and staking mechanisms in its annual report. The Trust aims to track AVAX’s price and staking rewards, less expenses, holding AVAX with institutional custodians and calculating its daily NAV using the MarketVector Avalanche Benchmark Rate. It charges a 0.20% Sponsor Fee, utilizes staking services with Coinbase Crypto Services, and handles creations/redemptions in 25,000-Share Baskets as a grantor trust for tax purposes.

AVAX1.97%
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