Grayscale
@grayscale
Grayscale Avalanche Staking ETF ("GAVA or the "Fund"), an exchange traded product, is not registered under the Investment Company Act of 1940 ("40 Act") and therefore is not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. Investing involves risk, including possible loss of principal. An investment in GAVA is subject to a high degree of risk and volatility. GAVA is not suitable for an investor that cannot afford the loss of the entire investment. An investment in the Fund is not a direct investment in Avalanche.
Please read the prospectus carefully before investing in the Fund: https://t.co/yHN14OF30B
Staking Risk. When the Fund stakes AVAX, AVAX is subject to the risks attendant to staking generally. Staking requires that the Fund lock up AVAX for the period of time required by the staking protocol, meaning that the Fund cannot sell or transfer the staked AVAX, thereby making it illiquid for the period it is being staked. Staked AVAX is