VanEck Introduces Another First with Launch of the VanEck Avalanche ETF (VAVX)
(VAVX)
Company Research
Source: Business Wire
New fund provides spot exposure to the Avalanche token (AVAX), the native cryptocurrency for the Avalanche blockchain; firm has agreed to waive sponsor fees on VAVX for the first $500 million in AUM or until 2/28/26. Thereafter, the sponsor fee will be 0.20%. Brokerage fees and commissions may apply. Please check with your broker.An investment in the VanEck Avalanche ETF (“VAVX” or the “Trust”) is subject to significant risk and may not be suitable for all investors. The value of Avalanche (AVAX) is highly volatile, and you can lose your entire principal investment. VAVX is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and therefore is not subject to the same protections as mutual funds or ETFs registered under the 1940 Act. NEW YORK--(BUSINESS WIRE)--VanEck is today announcing the newest addition to its lineup of digital asset-focused ETFs with the launch of the VanEck Avalanche ETF (VAVX), the first and currently the only (as Janua
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