Grayscale to launch AVAX staking ETF tomorrow

Grayscale has announced that trading for its Avalanche (AVAX) staking ETF, GAVA, will begin tomorrow. GAVA is a product that passively invests in AVAX, structured to track the value of the fund's underlying assets net of expenses and liabilities. Through the ETF, investors can also indirectly participate in AVAX staking rewards.