Grayscale has filed with the SEC to launch a spot Avalanche ETF listed on Nasdaq.
VanEck also seeks approval for an Avalanche ETF, signaling growing institutional interest.
Who would have thought that Avalanche (AVAX), once known only as an Ethereum alternative, is now being fought over by asset management giants? Grayscale, a major player in the digital asset space, has just filed an application with the US Securities and Exchange Commission (SEC) to launch an Avalanche spot ETF that will trade on the Nasdaq.
For investors who want exposure to AVAX without having to hold the token directly, this could be an interesting entry point. Moreover, AVAX is not an ordinary token—its ecosystem is continuously being expanded in various directions.
JUST IN: GRAYSCALE FILES TO LAUNCH A SPOT AVALANCHE $AVAX ETF WITH NASDAQ
— BSCN Headlines (@BSCNheadlines) March 28, 2025
Avalanche ETF Race Heats Up With VanEck
Grayscale is not the only one eyeing the potential of the Avalanche network. P
