Grayscale has officially filed for an Avalanche ETF with Nasdaq, as confirmed by multiple sources. The application includes the Grayscale Avalanche Trust, with official documents indicating that Nasdaq has submitted Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) for the listing of shares. This move follows a trend in the cryptocurrency market, where interest in exchange-traded funds (ETFs) has been increasing, particularly in relation to staking for Ethereum ETFs, as indicated by a recent surge in validators. Grayscale's filing adds to the growing list of ETF applications in the cryptocurrency space, joining previous efforts by firms such as VanEck. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
