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Launched · SEC filings

Grayscale Avalanche Staking ETF

GAVANasdaqB

$24.98−0.58 (−2.26%)

At close: Oct 13, 2026, 4:00 PM

B57/ 100

Rank 15 of 26 in Crypto Spot

B57/100Rank 15 of 26inCrypto Spot
Intraday session: down, 26 prints from 25.55 to 24.98. Range 24.77 to 25.24. Use the arrow keys to read each point.24.8025.2025.4010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$9M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
1
Avg volume · 30D
0M sh
NAV per share
$25.60
52W range
low $14.50high $28.56
Launched
Filings
SEC EDGAR

The ETF.net GAVA Grade

Based on 4 of 6 pillars

B

Score 57 out of 100

Category
Crypto Spot⁠
Rank
15 of 26
Six-pillar profile for GAVA. Scores out of 100: Cost 48, Risk 78, Mission not scored, Tradability 56, Holdings not scored, Durability 59. Strongest: Risk (78). Weakest: Cost (48). Based on 4 of 6 pillars.

Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C48 out of 100
    Rank 12 of 26

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A78 out of 100
    Rank 4 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 11 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B59 out of 100
    Rank 10 of 26

Our read on GAVA

ETF.net Research

BSingle-token AVAX exposure with a twist: the trust stakes the coins it holds and seeks to add more Avalanche to the pile rather than pay cash out. It started life as a 2024 private placement before it ever had a Nasdaq ticker.

Stated mandate

The Trust seeks exposure to the value of Avalanche held by the Trust, net of operating expenses, and also seeks to obtain additional Avalanche through staking.

Why people hold it

  1. 01Staking is written into the mandate, not bolted on: the trust seeks additional AVAX by staking what it holds, and those rewards accrue inside the fund.etfs.grayscale.com
  2. 02The 0.35% expense ratio sits right at the median for spot crypto funds, and within a hair of the other Avalanche fund, BAVA at 0.34%.
  3. 03The vehicle predates the ticker. It launched as a private placement in 2024 and later uplisted to Nasdaq, so the operating history runs longer than the listing does.theblock.co
  4. 04Direct spot holdings of AVAX, run by Grayscale, whose digital asset platform spans dozens of listed and private crypto products.globenewswire.com

Worth knowing

  1. 01It is a grantor trust, not a 1940 Act fund, so the protections of a registered ETF do not apply. Grayscale flags a high degree of risk and possible loss of the entire investment.etfs.grayscale.com
  2. 02One token, one network, and nothing paid out: staking rewards go to the trust rather than to shareholders as distributions.etfs.grayscale.com
  3. 03Small asset base and light trading, which can mean wider spreads and more effort behind a large order.

GAVA Holdings

As of Oct 12, 2026
Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
Avalanche100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Avalanche100.00%895,285$9M1

Showing 1–1 of 1 holdings

GAVA Performance

Launched Aug 20, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
GAVA$15,658
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. GAVA $15,658. SPY $10,332. Use the arrow keys to read each point.$8,620$13,182$17,743Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GAVA. Periods over one year show the average yearly return.
PeriodGAVA
Year to dateHistory unavailable—
1 month+40.9%
3 months+56.6%
1 yearHistory unavailable—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GAVA
YearReturn barGAVA
2026 YTD+10.9%

History from Mar 12, 2026

GAVA in the news

Filtered to GAVA · Crypto Spot

GAVA Dividends

Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Sep 3, 2026 $0.03; Oct 5, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 5, 2026Oct 6, 2026$0.06
Sep 3, 2026Sep 4, 2026$0.03

GAVA Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
No data available
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.62
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GAVA Cost

Expense ratio0.35%
  • The middle half of Crypto Spot funds
  • Median 0.35%

11 of the 26 Crypto Spot funds charge less.

GAVA costs $35.00 a year on $10,000. The median Crypto Spot fund costs $35.00.

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