<ul><li>VanEck has filed for an Avalanche ($AVAX) ETF with the SEC, aiming to provide retail investors direct exposure to AVAX.</li><li>The ETF's valuation will be based on the Avalanche Benchmark Rate, calculated by MarketVector using prices from the top AVAX trading platforms.</li><li>AvaLabs CEO, Emin Gün Sirer, is positive about the development and believes it will offer a new and convenient way for investors to participate in the blockchain network.</li><li>This filing could indicate a broader acceptance of blockchain assets in traditional financial markets and potentially open doors for more altcoin ETFs.</li></ul>

VanEck files for an Avalanche ETF with SEC, aiming to give retail investors exposure to AVAX

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