EddieJayonCrypto

 30 Mar 25

tl;dr

Grayscale is seeking to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US, with the Nasdaq Stock Market submitting a proposal to the SEC. This ETF would be tied to the price of AVAX. VanEck has also filed for an ETF tied to Ethereum (ETH) rival. If approved, Coinbase Custody will serve...

Grayscale is seeking to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US, with the Nasdaq Stock Market submitting a proposal to the SEC. This ETF would be tied to the price of AVAX. VanEck has also filed for an ETF tied to Ethereum (ETH) rival. If approved, Coinbase Custody will serve as the custodian for Grayscale’s ETF. Grayscale also aims to launch funds tied to Cardano (ADA), Solana (SOL), XRP, and Hedera (HBAR). The SEC recently approved spot market Bitcoin (BTC) ETFs and Ethereum ETFs for trading. AVAX is currently trading at $20.36, down nearly 8% in the past 24 hours.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 1 Apr 25
 1 Apr 25
 1 Apr 25