key takeaway
- Bitwise Europe has launched the physically backed Avalanche Staking ETP (AVNB) on Deutsche Börse Xetra.
- The ETP offers institutional exposure to Avalanche (AVAX) native tokens with integrated staking rewards.
Bitise Europe has launched Bitise Avalanche Staking ETP (AVNB), a physically backed exchangeable offering that exposes Avalanche’s native token with integrated staking rewards on Deutsche Börse Xetra, Germany’s leading stock exchange platform.
The ETP provides institutional investors access to Avax, Avax’s native token used for transaction fees and staking within the Layer 1 blockchain ecosystem. Avalanche is recognized for its scalability and energy efficiency.
Bitwise recently introduced multiple staking ETPs in Europe as part of its strategy to provide regulated, physically backed options for institutional crypto exposure. European exchanges like Deutsche Börse are increasingly listing staking-focused ETPs to meet demand from professional investors seeking high-yield crypto products.
Avalanche’s focus on high-performance features has led to its inclusion in new institutional products, reflecting growing interest in scalable blockchain for real-world applications.
