NASDAQ files to launch a new gray exchange box (Avax)

Digital Management Management GIANT GIANT GRAISCAE (AVAX) in the United States.
The stock market on the Nasdak Stock Exchange propose This week to the US Securities and Exchange Committee (SEC) to list and trade stocks at Grayscale Avalanche Trust, which will be fully linked to the original price of the Layer-1 project, Avax.
Grayscale is not the first financial giant to introduce ETF Avalanche file. The documents provided to Dilayer earlier this month indicate that Vaneck also hopes to launch a fund linked to the ETHEREUM competitor (ETH).
Coinbase will serve as the guardian of ETF Avalanche Etf from Grayscale if approved. ASSET Crypto Director also hopes to launch funds associated with Cardano (ADA), Solana (Sol), XRP and HEDERA (HBAR).
SEC Greenlit is the first Bitcoin box (BTC) in Bitcoin Market (BTC) in January 2024, which gets billions of dollars from flows to the highest digital assets by the maximum market. The organizer later agreed to Ethereum ETFS for trading last July.
Two Maleetan companies, Franklin Templeton and Hshechex, also launched the joint BTC-ETH investment funds earlier this year.
AVAX is trading at $ 20.36 at the time of this report. The encryption assets fell in the seventeenth rank, according to the maximum market by approximately 8 % over the past 24 hours.
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