VanEck has updated the application documents for its Avalanche exchange-traded fund, VAVX, to include pledge awards and generate income for investors.
The company disclosed in an amended S-1 filing with the Securities Exchange Commission that the fund may pledge 70% of its AVAX holdings to generate income, with Coinbase Crypto Services listed as the initial pledge provider.
VanEck's newly submitted Avalanche ETF application will include a pledge reward for AVAX investors
2025-12-20 19:19:01
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