VanEck has launched the first Avalanche spot exchange-traded fund (ETF) on Nasdaq. Launched under the ticker VAVX, the ETF started trading on Nasdaq on 26th January 2026. This is the first U.S.-listed spot exchange-traded product (ETP) dedicated to AVAX, the native token of the Avalanche blockchain.
VAVX Launched on Nasdaq
The newly launched VAVX ETF offers direct exposure to AVAX’s price performance to investors and may generate additional returns by staking a portion of its holdings. VanEck said the product features secure custody arrangements and a comprehensive management fee of 0.30%, making it accessible to both institutional and retail investors.
To accelerate the interest of institutions, VanEck has announced a full fee waiver on the fund’s sponsor fees for the first $500 million in assets or until February 28, 2026. After this, the ETF will then carry a competitive expense ratio of 0.20%.
Flow Traders has been appointed as the designated liquidity provider to support efficient market making and trading volume from the very first day. The launch follows months of regulatory filings with the U.S. Securities and Exchange Commission (SEC) and builds on momentum created by earlier spot Bitcoin (BTC) and Ethereum (ETH) ETFs.
