Altcoins News

Story: Grayscale Files for Avalanche ETF on Nasdaq

By Steven Anderson

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ETF Structure and Benefits. The main goal of the proposed Grayscale Avalanche ETF is to mirror the market value of AVAX based…

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Avalanche Trust's Transformation. Grayscale’s Avalanche Trust, which currently manages about $1.

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Institutional Interest in Avalanche. Grayscale is not the only firm exploring AVAX ETFs. Earlier in March 2025, asset manager VanEck…

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Support from Ava Labs CEO. Emin Gün Sirer, the founder and CEO of Ava Labs, the organization behind Avalanche, expressed his…

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Future Outlook. Despite recent price volatility, the long-term outlook for Avalanche and its native token remains…

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Grayscale Investments is advancing its efforts to create a spot Avalanche (AVAX) exchange-traded fund (ETF), further solidifying the growing institutional interest in blockchain…

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As of the most recent data, AVAX’s price has dropped by more than 7%, hovering around $20. This price decline comes amid broader market volatility.

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The main goal of the proposed Grayscale Avalanche ETF is to mirror the market value of AVAX based on a benchmark index designed to track the price of the token.

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This product could be a game-changer for institutional investors, who may find it simpler and more secure to invest via an ETF rather than directly interacting with…

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The filing revealed that CSC Delaware Trust Company will serve as the trustee for the fund, while Coinbase Custody Trust Company will provide custodial services.

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Grayscale’s Avalanche Trust, which currently manages about $1.7 million in assets, could potentially be converted into a publicly traded product if the ETF is approved by the SEC.

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Grayscale is not the only firm exploring AVAX ETFs. Earlier in March 2025, asset manager VanEck also filed with the SEC for a similar product, reflecting broader institutional…

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Emin Gün Sirer, the founder and CEO of Ava Labs, the organization behind Avalanche, expressed his support for the rising interest in AVAX ETFs.

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In conclusion, the push for a Nasdaq-listed AVAX ETF demonstrates the growing institutional interest in Avalanche.

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