{"id":61002,"date":"2022-05-04T17:57:13","date_gmt":"2022-05-04T14:57:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61002"},"modified":"2025-09-05T09:33:25","modified_gmt":"2025-09-05T06:33:25","slug":"valkyrie-launches-avalanche-based-trust","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/valkyrie-launches-avalanche-based-trust\/","title":{"rendered":"Valkyrie launches Avalanche-based trust"},"content":{"rendered":"<p>Valkyrie Investments, the asset management company, announced the launch of a trust for accredited investors focused on the network\u2019s native token, Avalanche.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">.<a href=\"https:\/\/twitter.com\/ValkyrieFunds?ref_src=twsrc%5Etfw\">@ValkyrieFunds<\/a>, one of the industry\u2019s leading digital asset investment managers, has announced the launch of the Valkyrie Avalanche Trust (VAVAX), to provide institutions with cost-efficient and secure access to <a href=\"https:\/\/twitter.com\/search?q=%24AVAX&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$AVAX<\/a>. <a href=\"https:\/\/t.co\/ssEDx81lEf\">https:\/\/t.co\/ssEDx81lEf<\/a><\/p>\n<p>\u2014 Avalanche \ud83d\udd3a (@avalancheavax) <a href=\"https:\/\/twitter.com\/avalancheavax\/status\/1521853344943202304?ref_src=twsrc%5Etfw\">May 4, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Purchases of other assets within the Valkyrie Avalanche Trust (VAVAX) are not planned.<\/p>\n<p>The custodian of the product is Copper Technologies.<\/p>\n<p>The management fee will be 2% of <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span>. Investments in the trust are possible from $25,000.<\/p>\n<p>Earlier, Valkyrie Investments launched products based on Bitcoin, Polkadot, Dash, Tron, and Zilliqa, as well as on a basket of assets (Bitcoin, Ethereum, Avalanche, Binance Coin, Terra, Polygon and others).<\/p>\n<p>In April, Ava Labs, the startup behind Avalanche, opened a $350 million funding round at a valuation of <a href=\"https:\/\/forklog.io\/bloomberg-razrabotchik-avalanche-privlek-350-mln-pri-otsenke-v-5-25-mlrd\/\">$5.25 billion<\/a>.<\/p>\n<p>John Wu, head of Ava Labs, previously declined to <a href=\"https:\/\/forklog.io\/glava-ava-labs-otkazalsya-nazyvat-avalanche-konkurentom-ethereum\/\">name Avalanche a competitor to Ethereum<\/a>.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Valkyrie Investments, the asset management company, announced the launch of a trust for accredited investors focused on the network\u2019s native token, Avalanche.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1413],"class_list":["post-61002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-avalanche-avax"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61002"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61002\/revisions"}],"predecessor-version":[{"id":61003,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61002\/revisions\/61003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}