Nasdaq has filed for a Grayscale AVAX Trust ETF, potentially boosting institutional adoption and countering competition.Grayscale's AVAX Trust, with a 2.5% fee, highlights Avalanche's role in RWA tokenization and adds to Grayscale's crypto portfolio.Avalanche's bullish technicals and rivaling Ethereum's speed predict a demand surge, despite recent price volatility.If approved, the Grayscale AVAX Trust ETF listing could enhance institutional confidence and drive broader adoption of Avalanche.