Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitwise Moves Toward Avalanche ETF Launch as Updated Filing Reaches the SEC

Bitwise Moves Toward Avalanche ETF Launch as Updated Filing Reaches the SEC

CryptonewslandCryptonewsland2025/11/27 18:03
By:by Wesley Munene
  • Bitwise filed an amended S-1 for its Avalanche ETF, setting a 0.34% fee and confirming the BAVA ticker.
  • The trust plans AVAX staking and will track the CME CF Avalanche-Dollar Reference Rate.
  • AVAX gained over 7% as trading volume increased following the updated ETF filing.

Bitwise advanced its Avalanche ETF effort after it filed an amended S-1 with the U.S. Securities and Exchange Commission. The filing included key details that outlined the management fee, ticker, and a temporary waiver. Market activity reacted quickly. AVAX gained more than 7 percent during the same period as broader crypto markets recovered. The filing arrived as traders watched several altcoin ETF developments across U.S. exchanges. The updated document created fresh attention around Avalanche exposure through a regulated product.

Updated Filing Outlines Fee Structure and Ticker

Bitwise submitted the first amendment to its spot Avalanche ETF application . The firm set a 0.34 percent management fee in the new document. The issuer also introduced a full fee waiver for one month or until assets reach $500 million. This approach matched the structure used in its other altcoin-related funds. 

Bitwise confirmed the “BAVA” ticker for NYSE Arca. The issuer kept the delaying amendment in place. The move aligned with earlier guidance from the SEC’s Division of Corporate Finance. Bitwise filed the original Avalanche ETF request in September. VanEck and Grayscale submitted similar filings during that period. 

DTCC added the Avalanche ETF to its website last month. That listing signaled progress toward approval and exchange readiness. The trust aims to track AVAX performance through the CME CF Avalanche-Dollar Reference Rate. The filing also described a plan to include staking rewards as a secondary objective.

Roles for Custodians and Seed Capital

Coinbase Custody Trust Company will hold Avalanche assets for the fund. BNY Mellon will manage the cash portion. Bitwise Investment Manager will purchase the first baskets of shares. The seed transaction will include $2,500,000 at $25 per share for 100,000 shares. ]

These details outlined the operational foundation planned for the ETF once trading begins. This week, Bitwise introduced its XRP and Dogecoin ETFs. Those launches generated broad market attention and added momentum to its product lineup. AVAX moved higher after the Avalanche ETF update. 

The token traded at $14.94 at the time of reporting. The 24-hour range held between $13.93 and $14.99. Trading volume increased by almost 15 percent during the same window. The price gained more than 17 percent over the week

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Dogecoin News Today: Dogecoin ETFs Indicate Growing Interest from Institutions, Yet Can the Meme Coin Demonstrate Its Value?

- U.S. Dogecoin ETFs (BWOW, GDOG) launched amid mixed market reactions, with GDOG's $1.4M debut volume far below $12M forecasts. - Both ETFs hold actual Dogecoin but lack 1940 Act registration, exposing investors to liquidity risks and regulatory uncertainty. - Market analysts cite Dogecoin's volatility, meme origins, and descending price patterns as barriers to mainstream adoption. - Fee structures (0.34-0.35%) and regulatory ambiguity highlight challenges in monetizing meme coins despite institutional in

Bitget-RWA2025/11/29 19:04
Dogecoin News Today: Dogecoin ETFs Indicate Growing Interest from Institutions, Yet Can the Meme Coin Demonstrate Its Value?

Australia's Cryptocurrency Reform Strikes a Balance Between Fostering Innovation and Safeguarding Investors

- Australia introduces 2025 Digital Assets Framework Bill to regulate crypto exchanges and custody providers under stricter licensing and ASIC oversight, aiming to protect investors and align with traditional finance standards. - The bill classifies operators into "digital asset platforms" and "tokenized custody platforms," with exemptions for small operators under A$5,000 per customer and A$10M annual transactions. - An 18-month transition period and potential A$24B annual productivity gains are expected,

Bitget-RWA2025/11/29 19:04
Australia's Cryptocurrency Reform Strikes a Balance Between Fostering Innovation and Safeguarding Investors

ZK Pumping: How Infrastructure Grants Propel Expansion in Real Estate and Technology Sectors

- Webster , NY's $9.8M FAST NY grant transforms a 300-acre Xerox brownfield into a high-tech industrial hub via infrastructure upgrades. - The project reduces development barriers, attracting $650M private investments like the fairlife® dairy plant and boosting property values by up to 30%. - Tech integration, including blockchain-based traffic systems, positions Webster as a model for linking physical and digital infrastructure in industrial growth. - "ZK Pumping" demonstrates how strategic infrastructure

Bitget-RWA2025/11/29 19:02
ZK Pumping: How Infrastructure Grants Propel Expansion in Real Estate and Technology Sectors

Bitcoin Updates Today: Assessing Bitcoin's Support Zones—Will Institutional Investments Surpass Federal Reserve Ambiguity?

- Bitcoin faces critical $84,000–$86,000 support after 31% November selloff, with institutional inflows and whale accumulation signaling ongoing bull cycle resilience. - JPMorgan upgrades miners like Cipher Mining amid rising HPC demand, while Fed rate-cut odds hit 71% for December, potentially boosting risk assets. - On-chain data shows historic BTC transfers to long-term holdings, contrasting with Binance's delistings and regulatory-driven liquidity management efforts. - 2025–2030 price forecasts range $

Bitget-RWA2025/11/29 18:50
Bitcoin Updates Today: Assessing Bitcoin's Support Zones—Will Institutional Investments Surpass Federal Reserve Ambiguity?