Bitwise Avalanche ETF (BAVA)
Financial Services
Not Screened
We do not publish a compliance verdict on this fund.
It holds Avalanche (AVAX) directly with a qualified custodian. The issuer also stakes some or all of that Avalanche per its current prospectus, which is a separate question. Our ratio screen is built for operating companies and does not apply to a directly held asset, and scholarly opinion on Avalanche itself is divided. So we describe the mechanism and show the range of named opinion rather than issue a verdict.