Grayscale Avalanche ETF adds Anchorage Digital as custodian for part of its AVAX
The Sponsor of the Grayscale Avalanche Staking ETF (GAVA) signed an agreement on September 29, 2026 with Anchorage Digital Bank N.A. so that Anchorage can hold a portion of the Trust's AVAX alongside Coinbase, which remains the primary custodian. The filing does not state how much AVAX will move to Anchorage, and it notes that shareholders cannot be assured the custodian's insurance will cover losses.
Key points
- Agreement dated September 29, 2026 under the Sixth Amendment to the Master Custody Service Agreement with Anchorage Digital Bank N.A.
- Coinbase Custody Trust Company remains the Trust's primary custodian; the Sponsor has not determined the amount of AVAX to move to Anchorage.
- Anchorage is required to carry commercial crime insurance or a fidelity bond of at least $100 million in the aggregate, though the Sponsor cannot assure coverage will be adequate.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.