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🔺 VanEck has included staking in its application for Avalanche ETF
The investment company VanEck has updated its application to launch the AVAX-ETF, adding the possibility of earning staking rewards.
According to the document, the fund intends to stake up to 70% of its holdings in AVAX to generate additional income for investors.
A similar update was made by Bitwise last month, and it is expected that Grayscale may follow their example. This creates a trend towards integrating staking into the structure of spot crypto ETFs.
P.s. Remember that 99% of cryptocurrencies are scams that aim to take away your hard-earned money!!!