Grayscale Launches Avalanche Staking ETF with Zero Fees

Grayscale has introduced its Avalanche Staking ETF, trading under the ticker $GAVA, offering investors exposure to Avalanche with zero fees and staking options. Grayscale posted on X. Avalanche is designed for real-world business applications, having processed over 10.5 billion transactions since 2020. It boasts the capability to handle more than 4,500 transactions per second and supports blockchain infrastructure for various enterprises, including FIFA, KKR, and Sports Illustrated. Grayscale, recognized as the largest crypto-focused asset manager, provides this new opportunity for investors to engage with the Avalanche ecosystem.