Grayscale opens in-kind subscriptions for crypto ETFs, including Avalanche Staking ETF
- —GAVA entry threshold is about $235,800; across the ten funds it ranges from $80,300 to $364,800
- —Cumulative Avalanche ETF inflows stand at $31.6 million, net assets at $55.5 million
- —AVAX trades near $8.92, down 2.38% in 24 hours and 11.83% over 30 days
- —AVAX market cap is about $3.96 billion, ranking 28th among crypto assets
Why it matters: In-kind subscriptions cut costs for institutions, but two weeks of zero inflows into AVAX funds signal weak demand.
Source: CryptoTicker