
VanEck’s VAVX ETF, the first U.S. Avalanche spot fund, began Nasdaq trading with $330,000 volume, zero net inflows, and $2.41 million assets, charging 0.30% fees and enabling AVAX staking.
VanEck’s Avalanche ETF (VAVX), the first U.S.-listed single-token spot ETF for AVAX, started trading on Nasdaq with $330,000 in first-day volume and no net inflows. As of January 26, total net assets stood at $2.41 million. The fund supports both cash and in-kind creations and redemptions, charges a 0.30% management fee, and offers staking capabilities for AVAX. Investors can gain price exposure to Avalanche while participating in network staking rewards through a regulated exchange-traded product.