VanEck files S-1 application to launch spot AVAX ETF

VanEck has submitted an S-1 registration statement to the US Securities and Exchange Commission (SEC) for a proposed Avalanche exchange-traded fund (ETF), aiming to provide investors with direct exposure to AVAX. According to the filing, the VanEck Avalanche ETF will hold AVAX directly and value its shares based on the MarketVector Avalanche Benchmark Rate, which […] The post VanEck files S-1... source: https://cryptoslate.com/vaneck-files-s-1-application-to-launch-spot-avax-etf/