GAVA Grayscale Avalanche Staking ETF

A spot Avalanche trust. It holds the coin and trades like a share.Grayscale0.35% feeSince Mar 12, 2026SEC filings ↗Every Grayscale fund ETFIQ covers

Since listing to Sep 30, 2026, GAVA returned +14.8% against Avalanche’s +13.0%, 1.8 percentage points ahead.

+14.8%
Total return, time since it listed
+13.0%
Avalanche over the same days
+1.8 pts
Difference against Avalanche, in percentage points
140
Days it has traded
Where every fund in this set sits

How much of what holding the coin gave did a holder of the fund keep?

Share of the coin's growth it kept
LTCC 96.1%GDOG 98.3%XRPZ 98.3%CLNK 98.4%GXRP 98.5%BWOW 98.9%MSSE 99.3%TDOG 99.3%XRP 99.3%MSOL 99.4%MSBT 99.5%ETHB 100.0%TOXR 100.1%XRPC 100.1%BAVA 100.5%TDOT 101.0%FSOL 102.5%VAVX 102.7%QSOL 103.3%SOLC 103.3%VSOL 103.8%BSOL 104.0%TSOL 104.4%SOEZ 105.7%GAVA 101.6%GAVA 101.6%96.1%105.7%
96.1% to 105.7% across 25

That is the share of the 25 spot crypto ETPs listed less than a year sitting at or below GAVA.

A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

ETFIQ Coin Capture Score
66.09th of 25

GAVA kept 101.6% of what holding Avalanche gave over the same days.

share of the coin's growth it kept101.6% · 66th pct
WindowThe fundAvalancheDifference, percentage points
1M Aug 31 – Sep 30, 2026+51.2%+51.2%0.0 pts
3M Jul 1 – Sep 30, 2026+63.6%+64.1%−0.5 pts
6M Apr 1 – Sep 30, 2026+20.3%+19.7%+0.6 pts
Since it listed Mar 12 – Sep 30, 2026+14.8%+13.0%+1.8 pts

GAVA over each window to Sep 30, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

In plain words

Over the time since it listed to Sep 30, 2026, Avalanche moved +13.0% and GAVA returned +14.8%. That leaves it 1.8 percentage points ahead. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. GAVA charges 0.35% a year and finished 1.8% ahead of Avalanche, which a fee cannot do on its own. Avalanche is a proof of stake chain, so a fund holding it can stake. GAVA’s own filings say it does (424B3, Aug 7, 2026). What the prices show is that it finished 1.8% ahead of Avalanche’s own price over the same days, against +2.5% for the other 2 funds holding Avalanche. After a fee, an in-kind ETP ahead of the asset it holds got there by staking. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Avalanche it custodies.
SponsorGrayscale
HoldsAvalanche
Sponsor’s fee (10-Q)0.35%
Stakingthe filings say the trust stakes
Listed sinceMar 12, 2026
Days traded140
Days it closed unchanged0
Quotedon an exchange, every trading day
Price$26.5101
GAVA (Grayscale Avalanche Staking ETF), crypto ETFs fields as of Sep 30, 2026. Source: ETFIQ.
Fund closes and coin closes from Tiingo, read at the same two dates. ETFIQ calculation. How these figures are computed

Questions people ask about GAVA

Does GAVA track Avalanche?
Over the time since it listed to Sep 30, 2026 it returned +14.8% against Avalanche’s +13.0%, which leaves it 1.8 percentage points ahead. That difference carries the fee, the custody cost and the market’s pricing of the shares, and ETFIQ computes it from the fund’s own closes and the coin’s own closes over the same two dates.
Does GAVA stake?
Avalanche is a proof of stake chain, so staking is possible. Whether this fund stakes, and what the sponsor keeps of it, is a term in its own filings and is read from those rather than assumed.
What is GAVA?
Grayscale Avalanche Staking ETF, a spot Avalanche trust sponsored by Grayscale, listed Mar 12, 2026. It holds the coin through a custodian rather than futures on it or shares in companies that own it.
Cite this page

ETFIQ, GAVA, crypto ETFs, data as of Sep 30, 2026. https://etfiq.com/funds/gava

Open GAVA live on ETFIQ

The tracking bar for GAVA, redrawn every trading night. Free to use with the credit link.

Free to use with attribution; the underlying files are at Open data.

Tracking difference
The fund’s total return minus the coin’s over exactly the same days, in percentage points. The fee, the custody cost, the creation and redemption friction and whatever the market paid for the shares, all of it, in one number.
Spot
The fund holds the coin itself, through a custodian, rather than futures on it or shares in companies that own it. Only spot funds are on this desk; the others are measured where they belong.
Sponsor
Who runs the trust. A spot crypto ETF is a 1933 Act trust rather than a registered investment company, so it has a sponsor rather than an adviser, and files a 10-K rather than an N-PORT.
Thinly quoted
A fund whose price sat unchanged on more than one trading day in twenty. Its quoted return is what somebody paid on the days anyone traded, which is not the same thing as what the fund did, so ETFIQ shows it and does not rank it against funds that trade.
Staking
Only proof of stake coins can be staked, so it exists for ether and Solana funds and cannot exist for a bitcoin one. Where a fund stakes, the yield and the sponsor’s share of it are terms in its own filings.