GAVA pays more than BAVA right now: 2.29% vs 1.72% net, a gap of 0.57 percentage points. Both are staking ETFs you hold in a brokerage account; compare the expense ratio and how much of the fund is staked.
Side by side
| BAVA | GAVA | |
|---|---|---|
| Net yield | 1.72% | 2.29% |
| Type | Staking ETF | Staking ETF |
| Issuer | Bitwise Avalanche ETF (BAVA) | Grayscale Avalanche Trust ETF (GAVA) |
| Expense ratio | 0.34% | 0.35% |
| Net staking reward rate (issuer) | 3.22% | 4.10% |
| % of assets staked | 64.0% | 64.3% |
| Lockup | None — sell shares during market hours | None — sell shares during market hours |
| US availability | All US states | All US states |
| Source | Bitwise fund page | Grayscale fund page |
| Updated | Oct 22, 2026 | Oct 22, 2026 |
See every option on the AVAX staking page.
Frequently asked questions
Is BAVA or GAVA better?
GAVA pays more than BAVA right now: 2.29% vs 1.72% net, a gap of 0.57 percentage points. Yields move daily, so check the live numbers on our AVAX staking page.
What is the difference between BAVA and GAVA?
BAVA is issued by Bitwise Avalanche ETF (BAVA); GAVA is issued by Grayscale Avalanche Trust ETF (GAVA). Both are staking ETFs you hold in a brokerage account; compare the expense ratio and how much of the fund is staked.
Can I switch from BAVA to GAVA?
Yes. Sell one ETF and buy the other in your brokerage account. Selling in a taxable account can trigger capital gains.
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