Grayscale Investments has provided Grayscale S-1 with the US Securities and Exchange Committee (SEC) to launch a trading box for exchanges (AVAX) (AVAX).
ashen foot With SEC on Friday to convert the current Avalanche confidence into the investment funds circulating, According to To a registration statement issued on Monday.
The proposed box uses the same formulation as the basic indicator for the collapse of the garment (AvaxCurrent currency. It is designed to provide investors with direct exposure to the asset through traditional mediation accounts.
Coinbase Custody will be the guardian of AVAX, while BNY Mellon is expected to be the fund official and transportation agent.
Nasdak presented with SEC to include Avax in March
S-1 came from Grayscale for the Avalanche Etf program after months of the American Stock Exchange NASDAQ submitted a file to the Supreme Education Council A request for permission to list the fund in March 2025.
“With regard to the effectiveness of this registration statement and the inclusion of shares in the stock market on the NASDAC, the sponsor intends to re -name confidence as Avax Trust Etf as shown in this registration statement,” Grayscale wrote on the deposit.
The immediate AVAX file comes after a year Gray provided confidenceAvax Investment Trust, on August 2024.
The new deposit comes in line with the active expansion of Grayscale Crypto EtfIncluding ETFS XRP files (XrpDOGECOIN (Dodge(Earlier this year.
This is a developing story, and more information will be added when available.
publish_date
