Donald Trump Jr.-backed Thumzup Media entering dogecoin mining game in a big way

Investment management company VanEck on Monday introduced the first exchange-traded fund offering spot exposure to AVAX, the native token for the Avalanche blockchain and the latest cryptocurrency with an ETF. 

The new investment vehicle also aims to provide staking rewards for holders, according to the press release. AVAX, which has seen over $354 million in trading volume in the last 24 hours, is up slightly today. The token is trading at $11.70 as of 1:20 p.m. ET, a far cry from its all-time high of $144.96 in 2021. 

The nascent VanEck fund joins a group of its crypto-specific ETFs, including the firm’s bitcoin ETF, with $1.4 billion in total assets; its ethereum ETF, which holds $147.5 million; and its solana ETF, with assets totaling $27.9 million.

ETHZilla, known for its ethereum treasury, formed a new subsidiary and purchased aerospace equipment in a bid to boost the company’s tokenization efforts. 

The treasury firm, through its nascent subsidiary ETHZilla Aerospace LLC, “acquired two CFM56-7B24 aircraft engines, together with all parts, engine records and engine stands” for $12.2 million from Avean Engine Solutions, according to an 8K filing on Friday with the US Securities and Exchange Commission. 

The two aircraft engines are subject to lease agreements with a major airline, which were assigned to ETHZilla as part of the acquisition, the filing stated.

The firm’s top priority in 2026 is growing its real-world asset tokenization business and is keen on rolling out RWA tokens in the first quarter, an ETHZilla representative told Sherwood News at the beginning of the year. 

ETHZilla’s acquisition of two aircraft engines is part of this tokenization road map, which aims to bring real-world assets from high-value vertical markets, such as aerospace, maritime, and heavy equipment, on-chain. 

“In the heavy equipment market, we will initially focus on aerospace assets such as aircraft engines and airframes to tokenize,” ETHZilla Chairman and CEO McAndrew Rudisill said in his shareholder letter from December. “This represents a large, growing market with quality high-yielding assets, and we believe it is a very attractive space for tokenization.” 

Spot XRP ETFs are on track to notch a weekly outflow for the first time since their inception in November 2025. The week’s flows turned negative on Tuesday when the investment vehicles saw over $53 million leave the funds.

Prior to this week, spot XRP ETFs had averaged $127.5 million in weekly inflows, a figure lifted by the fund’s first day of trading, which had $243 million worth of inflows, according to SoSoValue.

The funds’ ongoing pace comes as XRP has shed nearly 20% from its 2026 high of $2.39 to trade at a lower price than when the ETFs launched. 

XRP is in “Extreme Fear” territory, per social data from blockchain analytics firm Santiment. “Small retail traders have become pessimistic toward the #5 market cap cryptocurrency after a -19% drop since the high back on January 5th,” Santiment wrote. The firm told Sherwood News, “If we reach levels of bearishness that we were seeing back on November 20-21, 2025, it would be an indication that a major bounce is likely.”