Grayscale Submits SEC Filing for Avalanche ETF

Gate News bot message, Grayscale has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for an Avalanche ETF. This marks the latest addition to Grayscale's expanding portfolio of crypto investment products.

The filing indicates Grayscale's strategic move to establish a spot Avalanche ETF, following their successful launch of the Bitcoin ETF earlier this year. If approved, this would become one of the first ETF products offering direct exposure to AVAX tokens in traditional financial markets.

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