Coin World News: Grayscale's staking exchange-traded fund, Avalanche Staking ETF, began trading on Nasdaq on Wednesday, providing spot exposure to AVAX as well as staking rewards. The asset management company stated that since 2020, Avalanche has processed over 11.4 billion transactions. The new fund stakes AVAX to participate in the network's proof-of-stake system. Avalanche itself is a multi-chain smart contract platform supporting high-throughput applications, customizable blockchains referred to as Avalanche L1, and enterprise-grade configurability. According to on-chain data, since its launch in 2020, the network has processed over 11.4 billion transactions.