納斯達克文件列出Vaneck Avalanche（Avax）Trust ETF

這種新的金融工具將跟踪令牌的市場價格，第三方保管人持有基本的avax

Nasdaq has applied to list the ‘VanEck Avalanche Trust’ ETF, offering investors indirect exposure to the AVAX token without the need for self-custody. The instrument will track the token’s market price, with a third-party custodian holding the underlying AVAX. This new offering, to be traded under Nasdaq’s Rule 5711(d), follows VanEck’s previous launch of crypto ETFs tied to Bitcoin, Ethereum, and Solana.

納斯達克申請列出“ Vaneck Avalanche Trust” ETF，為投資者提供了無需自我客戶的間接接觸Avax代幣。該樂器將跟踪令牌的市場價格，第三方保管人持有基礎的Avax。這項新產品將按照納斯達克規則5711（d）進行交易，此前Vaneck先前推出了與比特幣，以太坊和Solana綁定的加密貨幣ETF。

The filing comes as Avalanche, known for its scalability, speed, and flexibility, becomes a go-to network for DeFi projects, NFTs, and Web3 applications.

該文件以雪崩的可擴展性，速度和靈活性而聞名，成為Defi項目，NFTS和Web3應用程序的首選網絡。

VanEck’s initiative is part of a broader move by institutional players to introduce altcoin ETFs. Grayscale Investments is also pursuing an Avalanche ETF, based on a closed-end AVAX fund launched in August 2024. Nasdaq had previously filed to list Grayscale’s competing product in late March. Grayscale has also shown interest in other altcoins, including XRP, HBAR, DOT, and LTC.

Vaneck的倡議是機構參與者引入Altcoin ETF的更廣泛舉措的一部分。 Grayscale Investments還基於2024年8月啟動的封閉式Avax基金，追求雪崩ETF。灰度還顯示出對其他山寨幣的興趣，包括XRP，HBAR，DOT和LTC。

These filings mark a turning point in the maturation of the crypto market, moving beyond its historical focus on Bitcoin and Ethereum as the sole candidates for regulated financial instruments. Although AVAX is currently trading at $18, down from its January high of $41, enthusiasm around Avalanche remains strong, driven by its solid infrastructure and long-term growth potential.input: At least one U.S. exchange has filed to begin offering an exchange-traded fund (ETF) that would offer investors indirect exposure to the Avalanche (CRYPTO: AVAX) token.

這些文件標誌著加密貨幣市場成熟的轉折點，超越了其對比特幣和以太坊的歷史關注，作為受管制金融工具的唯一候選人。儘管Avax目前的交易價格為18美元，比其1月份的高處41美元下降，但對雪崩的熱情仍然很強大，這是其堅實的基礎設施和長期增長潛力的驅動。投資：至少有一個美國交易所提出的交易所開始提供交易所買賣基金（ETF），該基金（ETF）將向投資者提供間接接觸Avalanche（Avalanche（Crypto）：AVAX：AVAX：AVAX：AVAX）。

Nasdaq has applied to the Securities and Exchange Commission (SEC) to list the ‘VanEck Avalanche Trust’. The ETF is being offered by VanEck, a well-known institutional asset manager, and would allow investors to gain exposure to the cryptocurrency without having to self-custody digital assets. The new financial instrument will track the token’s market price, with a third-party custodian holding the underlying AVAX.

納斯達克已向美國證券交易委員會（SEC）申請列出“ Vaneck Avalanche Trust”。 ETF是由著名的機構資產經理Vaneck提供的，並且將允許投資者在不必自我客戶估計數字資產的情況下獲得對加密貨幣的曝光率。新的金融工具將跟踪令牌的市場價格，第三方保管人持有基礎的avax。

This filing follows VanEck’s previous launch of crypto ETFs tied to Bitcoin, Ethereum, and more recently Solana, showcasing the gradual integration of digital assets into traditional financial markets.

該文件是在Vaneck之前發布的與比特幣，以太坊和最近Solana相關的加密貨幣ETF的發布之後，展示了數字資產逐漸集成到傳統金融市場中。

The inclusion of AVAX in a formal SEC filing is a significant step, considering that the regulator shot down several spot Bitcoin ETF proposals in the past. However, with the growing institutional interest in crypto and the increasing adoption of blockchain technology, the SEC chairman has expressed a positive stance toward such products this year.

考慮到監管機構過去擊落了幾個位置比特幣ETF建議，將Avax納入正式的SEC申請是一個重要的一步。但是，隨著對加密貨幣的機構興趣的日益增長以及區塊鏈技術的越來越多，美國證券交易委員會主席對今年的這種產品表示了積極的立場。

The applicants are seeking to list the AVAX ETF on Nasdaq’s main market, governed by Rule 5711(d), which covers commodity-based trusts. The primary units of the trust will be sold through a prospectus to institutions and registered dealers at net asset value (NAV) plus any applicable offering.

申請人正在尋求將AVAX ETF列在納斯達克的主要市場上，該市場受規則5711（d）的約束，該市場涵蓋了基於商品的信託。信託的主要單位將通過招股說明書以淨資產價值（NAV）以及任何適用的發行出售給機構和註冊經銷商。

Avalanche, known for its unique three-chain architecture (X-Chain, C-Chain, and P-Chain), offers programmability, scalability, and speed, making it a go-to network for DeFi projects, NFTs, and Web3 applications.

雪崩以其獨特的三鏈體系結構（X鏈，C鍊和P鏈）而聞名，可提供可編程性，可擴展性和速度，使其成為Defi Projects，NFTS和Web3應用程序的首選網絡。

VanEck’s initiative is part of a broader move by institutional players to introduce altcoin ETFs. Grayscale Investments is also pursuing an Avalanche ETF, based on a closed-end AVAX fund launched in August. Nasdaq had previously filed to list Grayscale’s competing product in late March.

Vaneck的倡議是機構參與者引入Altcoin ETF的更廣泛舉措的一部分。 Grayscale Investments還基於8月啟動的封閉式Avax基金，追求雪崩ETF。納斯達克此前曾申請在3月下旬列出Grayscale的競爭產品。

Grayscale has also shown interest in other altcoins, including XRP, HBAR, DOT, and LTC, according to multiple reports. These filings mark a turning point in the maturation of the crypto market, which has historically seen Bitcoin and Ethereum as the main candidates for regulated financial instruments.

根據多個報告，灰度也表明了對其他山寨幣的興趣，包括XRP，HBAR，DOT和LTC。這些文件標誌著加密貨幣市場成熟的轉折點，這在歷史上一直將比特幣和以太坊視為受監管金融工具的主要候選人。

While AVAX is currently trading at $18, down from its January high of $41, enthusiasm around Avalanche remains strong due to its solid infrastructure and long-term growth potential.output: Nasdaq has filed with the Securities and Exchange Commission (SEC) to begin offering an exchange-traded fund (ETF) that would offer investors indirect exposure to the Avalanche (CRYPTO: AVAX) token.

雖然阿瓦克斯目前的交易價格低18美元，比1月份的高價41美元下降，但由於其堅實的基礎架構和長期增長潛力，對雪崩的熱情仍然很強。納斯達克：納斯達克已向美國證券交易委員會（SEC）申請了向投資者提供不受歡迎的AVACSE（ETF）的AVACE（ETF）（ETF）（ETF）（ETF）（ETF）（ETF）。

The ETF, ‘VanEck Avalanche Trust’, is being offered by VanEck, a well-known institutional asset manager, and would allow investors to gain exposure to the cryptocurrency without having to self-custody digital assets. The new financial instrument will track the token’s market price, with a third-party custodian holding the underlying AVAX.

著名的機構資產經理Vaneck提供了ETF“ Vaneck Avalanche Trust”，並將允許投資者在不必自我客戶定制數字資產的情況下獲得對加密貨幣的敞口。新的金融工具將跟踪令牌的市場價格，第三方保管人持有基礎的avax。

This filing follows VanEck’s previous launch of crypto ETFs tied to Bitcoin, Ethereum, and more recently Solana, showcasing the gradual integration of digital assets into traditional financial markets.

該文件是在Vaneck之前發布的與比特幣，以太坊和最近Solana相關的加密貨幣ETF的發布之後，展示了數字資產逐漸集成到傳統金融市場中。

The inclusion of AVAX in a formal SEC filing is a significant step, considering that the regulator shot down several spot Bitcoin ETF proposals in the past. However, with the growing institutional interest in crypto and the increasing adoption of blockchain technology, the SEC chairman has expressed a positive stance toward such products this year.

考慮到監管機構過去擊落了幾個位置比特幣ETF建議，將Avax納入正式的SEC申請是一個重要的一步。但是，隨著對加密貨幣的機構興趣的日益增長以及區塊鏈技術的越來越多，美國證券交易委員會主席對今年的這種產品表示了積極的立場。

The applicants are seeking to list the AVAX ETF on Nasdaq’s main market, governed by Rule

申請人正在尋求將avax ETF列在納斯達克的主要市場上，受規則管轄