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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.
ETHZilla, formerly known as 180 Life Sciences Corp., has completed its rebranding and aims to provide exposure to Ethereum through public markets, holding approximately 94,675 ETH valued at around $419 million. Backed by notable investors including Peter Thiel’s Founders Fund, the firm is focusing on a differentiated on-chain yield generation program to enhance returns beyond traditional ETH staking.