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Race for Avalanche ETF Heats Up: Bitwise Proposes Staking-Enabled Fund

Race for Avalanche ETF Heats Up: Bitwise Proposes Staking-Enabled Fund

Bitwise has updated its SEC filing for an Avalanche ETF, introducing a unique staking feature that could generate yield for investors. This move sets it apart from competing proposals by VanEck and Grayscale, intensifying the race to launch the first AVAX ETF in the U.S.