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Grayscale pushes for Nasdaq listed Avalanche ETF despite AVAX price dip – TON BOT

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Grayscale pushes for Nasdaq listed Avalanche ETF despite AVAX price dip

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Grayscale Investments is working on introducing a spot Avalanche exchange-traded fund (ETF) product to the market. Nasdaq has applied to list and trade the Grayscale Avalanche Trust shares as an ETF with the SEC. The goal is to provide investors with a streamlined way to gain exposure to AVAX, the native token of the Avalanche blockchain. Other firms like VanEck are also exploring AVAX ETFs, reflecting institutional interest in Avalanche. Emin Gün Sirer, founder and CEO of Ava Labs, sees these products as a new way for investors to engage with advanced blockchain infrastructure without requiring deep technical knowledge.

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