Market Cap: $2.7512T 2.740%
Volume(24h): $76.843B -16.070%
  • Market Cap: $2.7512T 2.740%
  • Volume(24h): $76.843B -16.070%
  • Fear & Greed Index:
  • Market Cap: $2.7512T 2.740%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$82833.083289 USD

-0.64%

ethereum
ethereum

$1895.772539 USD

0.28%

tether
tether

$0.999901 USD

-0.01%

xrp
xrp

$2.318667 USD

2.23%

bnb
bnb

$580.792401 USD

0.44%

solana
solana

$125.858295 USD

-0.69%

usd-coin
usd-coin

$0.999913 USD

-0.02%

cardano
cardano

$0.722211 USD

-0.37%

dogecoin
dogecoin

$0.169527 USD

-1.07%

tron
tron

$0.221501 USD

-1.36%

pi
pi

$1.578559 USD

-7.83%

unus-sed-leo
unus-sed-leo

$9.783397 USD

0.76%

chainlink
chainlink

$14.039280 USD

5.24%

stellar
stellar

$0.282425 USD

3.40%

hedera
hedera

$0.192278 USD

-2.56%

Cryptocurrency News Articles

VanEck Wants the SEC's Approval to Launch an AVAX Exchange-Traded Fund

Mar 15, 2025 at 05:29 am

Fund manager VanEck wants the U.S. Securities and Exchange Commission's approval to launch an AVAX exchange-traded fund.

VanEck Wants the SEC's Approval to Launch an AVAX Exchange-Traded Fund

Fund manager VanEck is seeking the U.S. Securities and Exchange Commission's approval to launch an exchange-traded fund focused on the Avalanche token, according to a recent filing.

The firm applied for the "VanEck Avalanche ETF," as disclosed in a registration statement filed on Friday.

"The Trust's investment objective is to reflect the performance of the price of 'AVAX,' the native token of the Avalanche network, less the expenses of the Trust's operations," the filing explained.

The ETF was registered in Delaware this past week and is believed to be the first AVAX ETF.

"Notably — the trust registration was shared widely on this earlier this week. But this is the first actual filing with the SEC," noted Bloomberg Intelligence analyst James Seyffart in a post on X.

Several firms are in the process of obtaining the SEC's approval for various crypto ETFs, including those tracking SOL, XRP, DOGE and LTC.

During the previous administration, the SEC approved the listing of spot Bitcoin ETFs in January and spot Ethereum ETFs in July. However, the agency has since indicated a more favorable stance towards the industry.

In recent weeks, the agency has taken several actions, including rescinding controversial crypto accounting guidance, dropping enforcement actions against major crypto industry players, forming a crypto task force and issuing a statement on memecoins.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 15, 2025