Bitwise has updated its Avalanche ETF filing, now named BAVA, to include staking, potentially making it the first U.S. ETF to generate yield. The fund will charge a low sponsor fee of 0.34% and plans to stake up to 70% of its AVAX holdings. A full fee waiver is offered for the first month on the initial $500 million.

Nasdaq has submitted an application to list an exchange-traded fund (ETF) that will track the performance of Avalanche, a blockchain platform. This move reflects the growing interest in cryptocurrency and blockchain technology within traditional financial markets. If approved, the ETF could provide investors with a new way to gain exposure to the Avalanche ecosystem.

The SEC has postponed its decisions on several spot altcoin ETFs, including those for Dogecoin, Hedera, and Avalanche, as it navigates under new leadership. This delay follows a request for updates from Solana ETF issuers, indicating potential progress for that approval within the next few months. Firms like VanEck and 21Shares have expressed concerns over the SEC's lack of adherence to a first-to-file approach.