Grayscale Avalanche Trust ETF (GAVA) is a spot AVAX exchange-traded fund from Grayscale, trading on US markets under the ticker GAVA. Each share currently trades at $18.17, down 2.23% over the past 24 hours. Across its all-time range, GAVA has moved between $14.50 and $24.97.
As a spot ETF, GAVA's share price closely follows the market value of the AVAX the fund holds, minus its annual management fee. The chart above shows GAVA price history at 5-minute resolution, so you can see intraday moves alongside longer-term performance (+1.14% over 7 days, +16.67% over 30 days). Each share represents a fractional claim on the fund's AVAX holdings, and authorised participants create or redeem shares to keep the market price aligned with the fund's net asset value (NAV).
Buying GAVA is different from buying AVAX on a crypto exchange. With the ETF you never hold the underlying coins yourself — the fund's custodian does — so there are no wallets, seed phrases or withdrawal risks to manage. In exchange, you pay the fund's management fee and can only trade during US market hours. Holding AVAX directly gives you 24/7 trading and full self-custody, but shifts all the security and storage responsibility onto you. Many investors choose GAVA specifically because it fits inside a normal brokerage or tax-advantaged account.
GAVA is a spot ETF, meaning it holds AVAX directly rather than tracking AVAX futures contracts. A futures-based ETF gets its exposure from derivative contracts that must be rolled over as they expire, which can create tracking error and extra costs over time. Because GAVA holds the underlying AVAX, its share price tends to follow the spot market more closely, without the roll costs that can weigh on futures-based products.
GAVA trades on a US stock exchange during regular market hours, while AVAX itself trades around the clock. When AVAX moves significantly overnight or over a weekend, GAVA can open at a noticeably different price than it closed at — a "gap." This is normal for any crypto ETF and is one reason the 5-minute chart and the all-time range above are useful for understanding how GAVA actually behaves day to day.
GAVA can be bought through any brokerage that offers US-listed ETFs — you search for the ticker GAVA, place an order, and the shares settle like any stock. To follow performance afterwards, add GAVA to a free portfolio on CryptoETF.today: record your buys and sells, and the portfolio automatically tracks your average cost, current value and realised/unrealised profit.
GAVA is one of several US-listed spot AVAX ETFs. Compare it with the other funds tracking AVAX:
| Ticker | Fund | Price |
|---|---|---|
| GAVA | Grayscale Avalanche Trust ETF | $18.17 |
| Bitwise Avalanche ETF | $20.14 | |
| VanEck Avalanche ETF | $15.60 |
Grayscale Avalanche Trust ETF (GAVA) is a US-listed spot AVAX ETF issued by Grayscale. It gives investors regulated exposure to AVAX price through a standard brokerage account, without holding AVAX directly.
GAVA currently trades at $18.17, down 2.23% over the past 24 hours. Prices on this page update from market data in real time.
GAVA tracks the market value of the AVAX held by the fund, minus management fees, so its share price moves closely with AVAX. The key difference is timing: AVAX trades 24/7, but GAVA only trades during US stock-exchange hours, so its price can gap at the open to catch up with moves that happened overnight or over the weekend.
Prices and statistics on this page are derived from market data tracked by CryptoETF.today and are for informational purposes only. This is not investment advice. Verify fund details, fees and holdings on the issuer's official page before investing.
Yes. GAVA is a spot AVAX ETF — its value tracks the price of AVAX held by the fund, rather than futures contracts, which avoids the roll costs that can drag on futures-based products.
Like all ETFs, GAVA charges an annual management fee (expense ratio) that is deducted gradually from fund assets rather than billed separately. For the exact current rate, check Grayscale's official fund page.
Because GAVA is a regular exchange-listed security, it can typically be bought and held in the same brokerage and tax-advantaged accounts (such as US IRAs) that support other ETFs — something that is harder to do when holding AVAX directly.
GAVA is issued by Grayscale.
You can follow the live GAVA price and interactive chart on this page and add GAVA to a free portfolio on CryptoETF.today to track holdings, average cost and profit/loss.