Bitwise Avalanche ETF
Issued by Bitwise. Traded since 15 Apr 2026 on NYSE. Every figure below is dated and sourced, and the wrapper is measured against the asset it holds.
Holds Avalanche research file →
Preis
Against the asset it holds
Total return of the fund, distributions included, beside the change in the asset over exactly the same dates. The difference is what holding the wrapper cost or gained against holding the asset. Over a full year it should sit close to minus the expense ratio; anything further away has another cause.
| Window | Von | BAVA | AVAX | Difference |
|---|---|---|---|---|
| 1 month | 08 Sep 2026 | +27.43% | +25.75% | +1.68 pp |
| 3 months | 09 Jul 2026 | +51.40% | +50.73% | +0.67 pp |
| Since first trade | 15 Apr 2026 | +8.26% | +6.66% | +1.59 pp |
Both lines start at 100 where the chosen range begins. A gap that opens between them is the cost, or gain, of holding the asset through the fund.
Trading
Fund facts
The issuer’s own page for this product, with its prospectus: bavaetf.com ↗
Every covered product with the same underlying asset, largest first. Within one asset the products differ mainly in fee, size and how closely they have followed it.
| Produkt | Emittent | Fee | Assets | 1 Jahr | Against AVAX |
|---|---|---|---|---|---|
| BAVABitwise Avalanche ETF | Bitwise | 0.34% | — | — | |
| VAVXVanEck Avalanche ETF | VanEck | 0.20% | — | — | |
| GAVAGrayscale Avalanche Staking ETF | Grayscale | 0.35% | — | — |
A blank in the one-year columns means the product has traded for less than a year; it is not a zero.
In the issuer’s words
The Bitwise Avalanche ETF (BAVA) is designed to track the daily price movements of Avalanche (AVAX) while also generating supplementary AVAX through staking rewards. Avalanche itself is a high-performance blockchain platform, specifically designed to empower developers to build and deploy decentralized applications efficiently. Operating as a passively managed fund, BAVA achieves direct exposure to AVAX by holding the cryptocurrency itself. Its Net Asset Value (NAV) is determined by referencing the CME CF Avalanche-Dollar Reference Rate New York Variant. A core strategy of the fund is to leverage staking protocols, which are crucial for validating and securely recording transactions on the blockchain. These protocols involve cryptocurrency owners, often through a custodian, validating block transactions to ensure their accuracy. In this process, AVAX is 'staked' – essentially locked within the network as collateral – which, in turn, offers the opportunity to create and earn additional AVAX. BAVA retains the option to stake a portion or all of its held AVAX. For transparency, both the fund's NAV and the percentage of AVAX currently staked are updated and published daily on its official website.
The fund’s own description, as published through Financial Modeling Prep. It is the issuer’s account, not ours.
What these figures cannot tell you
We do not publish a premium or discount to net asset value. Our source’s net asset value carries no date of its own, and comparing one day’s price with another day’s value invents a gap that is not there. The issuer publishes both every day.
Returns here are the fund’s, before your broker’s costs, the spread you pay to trade, and any tax. Distributions are counted as reinvested on the day they were paid.
A fund’s asset sits with a custodian named in its prospectus. The figures say nothing about that arrangement; the prospectus does.
A fund that follows its asset closely inherits all of the asset’s risks. The research file for the asset is where those are measured.