Rhea-AI Summary
VanEck (VAVX) launched the VanEck Avalanche ETF (VAVX) on January 26, 2026, offering U.S.-listed ETP exposure to Avalanche’s native token AVAX, including price return and potential staking rewards.
The firm will waive sponsor fees for the first $500 million in assets or until February 28, 2026, whichever comes first; thereafter the sponsor fee will be 0.20%. Brokerage fees and commissions may apply.
VAVX is not registered under the 1940 Act and carries significant risks: AVAX is highly volatile, staking involves specific terms, and investors can lose their entire principal.
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FAQ
What is the current stock price of VanEck Avalanche ETF (VAVX)?
VanEck Avalanche ETF (VAVX) last closed at $17.30.