Bitwise Launches Avalanche ETF BAVA on NYSE Arca
- Product Overview: Bitwise launched the Avalanche ETF (BAVA) on NYSE Arca on April 15, 2026, starting with $2.5 million in net assets and holding approximately 268,292 AVAX, providing regulated investment exposure to AVAX.
- Fee Structure: BAVA has a sponsor fee of 0.34%, waived to 0% for the first month on the initial $500 million in assets, aimed at attracting early investors and accelerating market acceptance of the product.
- Yield Strategy: BAVA plans to stake its AVAX holdings through Bitwise Onchain Solutions, targeting an average staking yield of 5.4%, with a net yield of 3.33%, providing investors with an additional income stream.
- Market Environment: Although AVAX was priced at $9.42 at BAVA's launch and market sentiment was in the
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Technical Analysis for AVAX
Technical Sentiment Analysis for Avalanche (AVAX). As of , Avalanche (AVAX) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AVAX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AVAX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Avalanche (AVAX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 7.95 | 8.435 | 8.92 | 9.405 | 9.89 | 10.375 | 10.86 |
| Fibonacci | 8.435 | 8.806 | 9.034 | 9.405 | 9.776 | 10.004 | 10.375 |
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