Grayscale has listed its Avalanche staking ETF (GAVA) on Nasdaq, The Block reported on March 12.
GAVA is designed to hold Avalanche network native token AVAX directly and generate rewards through staking.
Grayscale Senior Vice President for ETFs Rayhaneh Sharif-Askary (인구 강) said, "GAVA complements Grayscale's suite of more than 40 digital asset products and provides investors with the opportunity for exposure to a major smart contract platform."
Grayscale is a digital asset investment platform and had about $35 billion in assets under management as of end-2025. Its main products include the Grayscale Bitcoin Trust ETF ($11 billion in AUM), the Bitcoin Mini Trust ETF ($3.6 billion), the Ethereum Staking ETF ($1.8 billion) and the Solana Staking ETF ($112 million).
It is also pursuing plans to convert the AAVE and NEAR trusts into ETFs and list them on NYSE Arca, and is proceeding with BNB ETF registration.
Chi-gyu Hwang
delight@d-today.co.kr