Search results for FRNT
Crypto
Bitwise lists BAVA Avalanche spot ETF on NYSE, offers 5.4 percent staking rewards
Asset manager Bitwise has listed a spot Avalanche (AVAX) exchange-traded fund, the Bitwise Avalanche ETF, on the New York Stock Exchange. The fund trades under the ticker BAVA and is structured to provide staking rewards using the AVAX it holds. Bitwise put the average Avalanche staking reward at 5.4 percent a year and plans to stake the fund’s holdings through its in-house staking unit, Bitwise Onchain Solutions.
Crypto
Institutional money fails to lift Solana price, stuck at two years ago levels
Total net assets in U.S.-listed spot Solana exchange-traded funds rose above $1 billion in early 2026, but Solana’s price has not met investor expectations. The token has fallen more than 50 percent over the past year and is trading around levels from about two years ago. Institutional developments include new stablecoins and growing tokenised assets on Solana, yet analysts point to a lack of retail participation as a key reason for limited price recovery.
Crypto
Wyoming makes state-issued FRNT stablecoin available to public
Wyoming has launched the Frontier Stable Token (FRNT), the first state government-issued stablecoin in the United States, Cointelegraph reported. Governor Mark Gordon said it is a fully reserved, fiat-backed stablecoin issued by a U.S. public agency. FRNT can be bought on Kraken and was issued on Solana. It can also be transferred to several blockchains and bought via Rain. It is backed by dollars and short-term Treasuries, with interest going to the state.