VanEck has amended its filing for its proposed Avalanche ETF (VAVX) to incorporate staking rewards, allowing the fund to generate additional income by staking up to 70% of its AVAX holdings.

The ETF plans to use Coinbase Crypto Services as its initial staking provider, charging a 4% service fee, with staking rewards flowing back into the fund and reflected in its net asset value (NAV).

If approved, the fund would trade on Nasdaq under the ticker VAVX, track AVAX’s price through a custom index, and custody assets with regulated providers, including Anchorage Digital and Coinbase Custody.