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Nasdaq Files for Approval of Grayscale’s Spot Avalanche ETF with the SEC

  • Nasdaq has filed for the approval of Grayscale's spot Avalanche ETF with the SEC.
  • The AVAX Exchange Traded Fund (ETF) is designed to track the spot price of AVAX and provide a regulated way to invest in the Avalanche ecosystem.
  • Grayscale's mission is to offer secure and simplified investment options, and the ETF aims to meet the growing demand for simple investment tools within the digital asset space.
  • The filing reflects a growing interest in AVAX-related investment vehicles, with Grayscale actively pursuing regulatory approval for ETFs based on various digital assets.

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