VanEck has filed for a new Avalanche ETF that will include staking rewards for AVAX investors, according to reports. The fund intends to use Coinbase Crypto Services as its initial staking provider and will reportedly pay a 4% service fee. The staking rewards are expected to accrue to the fund and be reflected in its net asset value. The development represents a move to offer investors exposure to staking yields within a traditional investment vehicle.

VanEck has filed for a new Avalanche ETF that will include staking rewards for AVAX investors, according to reports. The fund intends to use Coinbase Crypto Services as its initial staking provider and will reportedly pay a 4% service fee. The staking rewards are expected to accrue to the fund and be reflected in its net asset value. The development represents a move to offer investors exposure to staking yields within a traditional investment vehicle.