The Impact of AVAX Price Surge on Startups and Crypto Payroll Adoption
Have you guys seen the recent price surge of Avalanche (AVAX)? It jumped by 6.7% recently, reaching $14.94. This kind of movement usually doesn’t go unnoticed, right? The surge seems to be partly due to Bitwise Asset Management’s updated filing for a spot Avalanche Exchange-Traded Fund (ETF), which aims to give mainstream access to AVAX and its staking rewards. Now, the ETF is set to list under the ticker “BAVA” and offers a management fee of 0.34%, waived for the first month or until the fund reaches $500 million in assets under management. With institutional trust growing, this could open some interesting doors for fintech startups.
Stablecoin Adoption for Remote Workers
With this price surge, it seems like crypto payroll solutions…
