Galaxy has issued a $75 million tokenized collateralized loan obligation on Avalanche, anchored by a $50 million investment from Grove as tokenized RWAs top $20 billion marketwide.
Grayscale submitted an updated S-1 for its proposed Avalanche (AVAX) ETF to the SEC, advancing the product toward a potential Nasdaq listing. AVAX rose over 9% in the past week as market participants priced in ETF-related demand.
VanEck’s new Avalanche ETF will route AVAX staking through Coinbase Crypto Services and charge a 4% staking service fee; all staking rewards will accrue to the fund and be reflected in its NAV. The structure aims to give investors passive exposure to AVAX staking yields inside an ETF wrapper.
VanEck amended its Avalanche ETF filing with the SEC on Dec. 19, 2025, revealing management fee details and a staking arrangement as it moves toward launch. The disclosure signals the product is in final preparations pending regulatory approval.
Bitwise filed an updated S-1 with the SEC naming AVAX as the ticker for its proposed Avalanche ETF and disclosing a management fee along with a planned fee waiver. The filing, dated Nov. 27, 2025, signals progress toward launch but remains subject to regulatory approval.
AVAX One purchased nearly $110 million worth of AVAX, bringing its holdings to about 13.8 million tokens. The buy boosts the firm's treasury and underscores institutional confidence in Avalanche.
Sierra Protocol has launched the first Liquid Yield Token on Avalanche, featuring dynamic rebalancing and stablecoin-backed reserves that accrue yield immediately. The product targets liquid, yield-bearing exposure for the AVAX DeFi ecosystem.
Avalanche's market cap surged 67% in Q3 2025 to $16.8 billion, driven by stronger DeFi activity and subnet expansion, Messari reports. Institutional adoption of subnets helped lift user counts and revenue, making this one of Avalanche's best quarters.