The Vaneck Asset Management Gigant Files for Avalanche (AVAX) ETF in Delaware

The Global Vaneck Investment Management Giant has submitted for a new avalanche (Avax) fund traded in exchange (ETF) in the US.

documents SENT At the state of this week’s Delaware, alluding to the new ETF possible, which would probably be related to the price of Ethereum (Eth) Strat-1 rival.

Vaneck currently provides ETH and Bitcoin (Btc) ETFI and submitted for a solar (ground) funded fund in exchange, which has not yet been approved. Matthew Sigel, the head of the Digital Assets Research Company, said last summer that the Sol registration was a bet on Donald Trump winning the presidency.

The giant of investments has it too applied To launch an “Onchain Economy Etf”, which will not invest in digital assets itself, but will focus on digital assets, such as futures contracts and digital transformation companies.

AVAX traded at $ 17.81 at the time of writing. The crypto-class asset on the 20th place by Pacam Cap increased by over 6.5% in the last 24 hours, but down by over 11% in the last seven days.

The US Security and Exchange Commission (SEC) is greening the first market on the Bitcoin ETFS market in January 2024, worth billions of dollars worth the best digital asset on the market. Subsequently the regulator approved ETFI ETHREUM for trading last July.

Don’t miss a beating – Subscribe To receive Email Alerts Delivered directly in E -Email Case

Check Price action

Follow -n X, Facebook and Telegram

Surf Hodl daily mix

& nbsp

Disclaimer: Opinions expressed in The Daily Hodl are not investment tips. Investors should make their due diligence before making high -risk investments in Bitcoin, cryptocurrency or digital assets. Please advise that your transfers and transactions are at your own risk and any losses you can support are your Daily Hodl’s responsibility. It does not recommend buying or selling any cryptocurrency or digital assets, nor the daily Hodl is an investment advisor. Please note that Hodl daily participates in affiliate marketing.

Image generated: Midjourney