Valkyrie Investments has created its first Avalanche-focused investment vehicle.
The Valkyrie Avalanche Trust (VAVAX), which will invest exclusively in AVAX, is available to accredited investors. The minimum investment in the trust is $25,000 and the fee is 2%.
According to the company, Avalanche is the fastest blockchain and has the most validators.
The company also said that over time the trust will begin providing stacking services on AVAX to generate additional revenue.
Valkyrie previously launched trusts for bitcoin, Algorand, Polkadot, Dash, TRON and Zilliqa.