VanEck Officially Registers the VanEck Avalanche exchange-traded fund (ETF) in Delaware

Official registration documents revealed that VanEck has officially registered the VanEck Avalanche exchange-traded fund (ETF) in Delaware.

Global ETF and mutual fund manager VanEck has announced the registration of the VanEck Avalanche ETF in Delaware.

The VanEck Avalanche ETF is designed to track the performance of Avalanche (AVAX).

This step reinforces growing institutional interest in AVAX and could pave the way for its broader adoption.” – Colony Labs.

The fund manager highlighted that the registration of the ETF was a significant development in the integration of digital assets into traditional financial markets in 2025.

Avalanch and its virtual currency AVAX has previously attracted investors in the crypto space for its innovative consensus mechanism that provides high transaction speeds and scalability solutions.

VanEck noted that the registration of its Avalanche ETF came at a time when regulatory clarity around cryptocurrencies was becoming necessary for the Securities and Exchange Commission (SEC). The SEC has been reviewing proposals for more crypto investment products since the launch of Bitcoin ETFs in January 2024.

The company argued that the registration in Delaware on March 10 highlighted the surge in acceptance of digital currencies in the financial space.

The company’s statement reads: “The ETF is designed to provide investors with a convenient and accessible way to gain exposure to the Avalanche blockchain and its ecosystem of dApps and DeFi protocols.”

The fund manager acknowledged that the ETF will also provide investors with a regulated and accessible way to gain exposure to the Avalanche blockchain.

The firm is confident that more adoption of Avalanche could lead to increased liquidity and stability in the virtual currency market.

Solana (SOL) has continued plummeting in price in the wake of the market sell-off following Trump’s “not that much interesting” crypto reserve plan.

SOL’s price is exchanging hands at $123.55 at the time of publication, down over 3% in the past 24 hours. Data from CoinMarketCap also revealed that the cryptocurrency currently has a market cap of $62.91 billion.

Solana has dropped from its all-time high of $294.33 on January 19, declining over 60%.

The drop in SOL also coincided with the recent decline in Bitcoin price, which plummeted below $80K and is currently trading at pre-U.S. election levels.

VanEck has previously managed several digital asset-related ETFs, including products that track Bitcoin and Ethereum, and is often considered a pioneer in bringing virtual assets closer to institutional investors.

Three VanEck officials resigns amid registration of ETF in Delaware

The crypto community is awaiting further information from VanEck about the company’s plans for the deployment of the Avalanche ETF. They are also waiting to know how VanEck intends to position the Avalanche exchange-traded fund in the competitive crypto space.

VanEck said that the success of the Avalanche ETF will depend on AVAX price volatility and the attitudes of the SEC towards crypto ETFs in the near future.

Omer resigned from Avalanche Foundation director and Aytunc Yildizli and Vikram Nagrani also left the company last week. The firm’s executive director Aytnuc Yildizli stepped down from his duties on February 28, 2025, and the board has been looking for a way forward.

Omer maintained that his resignation from Avalanche was deliberate and he would continue to focus on the development of the Avalanche ecosystem moving forward. Omer also acknowledged the hard work he had contributed to the crypto ecosystem and community since joining the foundation.