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VanEck Updates AVAX Spot ETF Filing, Introduces Staking Rewards Mechanism

VanEck Updates AVAX Spot ETF Filing, Introduces Staking Rewards Mechanism

2025-12-21 09:26

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ChainThink news, December 21: VanEck updated its application file for the AVAX spot ETF (VAVX), introducing a staking rewards mechanism that intends to stake 70% of its AVAX holdings to generate returns for investors. The AVAX spot ETF (VAVX) will utilize Coinbase Crypto Services as its initial staking provider and pay a 4% service fee. Staking rewards will be accumulated into the fund and reflected in its net asset value. Custodians are Anchorage Digital and Coinbase Custody.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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