VanEck plans to introduce collateralization for its AVAX spot ETF.

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According to a revised S-1 filing submitted by VanEck to the U.S. Securities and Exchange Commission, as reported by Foresight News , the fund may pledge 70% of its AVAX holdings to generate returns, with Coinbase Crypto Services being the first staking provider. After deducting Coinbase's 4% service fee, all returns will be credited to the fund and reflected in the ETF's net asset value.

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