The competition among Avalanche ETFs is heating up significantly as Bitwise takes a bold step by incorporating staking into its offerings. This development marks a significant milestone in the financial landscape, as it introduces the first-ever yield-generating fund centered around AVAX, the native token of the Avalanche blockchain. Investors now have an exciting opportunity to engage with this innovative financial product that not only allows them to diversify their portfolios but also to potentially earn rewards through staking. As the market continues to evolve, this new fund is poised to attract attention from both seasoned investors and newcomers alike seeking exposure to the burgeoning world of decentralized finance.
source: https://blocknews.com/avalanche-etf-race-intensifies-bitwise-adds-staking-here-is-the-first-yield-generating-avax-fund-on-deck/