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VanEck has filed an S-1 registration statement with the SEC for a proposed Avalanche ETF, offering direct exposure to AVAX. The ETF will hold AVAX and value shares based on the MarketVector Avalanche Benchmark Rate. This move follows VanEck’s registration of the ETF in Delaware, signaling a push for altcoin ETFs beyond Bitcoin and Ethereum. Regulatory climate is shifting towards digital assets, with VanEck’s ETF seen as a test case for broader adoption of altcoin ETFs.
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