VanEck filed an S-1 registration with the SEC for the first AVAX ETF.
The filing follows VanEck’s Delaware registration for the Avalanche ETF.
VanEck has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) for the VanEck Avalanche ETF. Bloomberg analyst James Seyffart noted that while the registration had been widely discussed earlier, this filing represents the first official submission to the SEC. The firm has not yet disclosed the ETF’s ticker symbol. The proposed fund aims to track AVAX’s price performance while holding the asset directly.
NEW: @vaneck_us officially files for an Avalanche ETF. pic.twitter.com/LL1FN770lZ
— James Seyffart (@JSeyff) March 14, 2025
According to the filing, the ETF will value its shares based on the MarketVector Avalanche Benchmark Rate. This rate aggregates data from the five largest exchanges as determined by CCData’s exchange benchmark report. The move aligns with the growing demand for investment
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