{"id":153041,"date":"2025-03-15T10:50:28","date_gmt":"2025-03-15T08:50:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153041"},"modified":"2025-03-15T10:50:28","modified_gmt":"2025-03-15T08:50:28","slug":"vaneck-seeks-sec-approval-for-first-avax-etf","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/vaneck-seeks-sec-approval-for-first-avax-etf\/","title":{"rendered":"VanEck Seeks SEC Approval for First AVAX ETF"},"content":{"rendered":"

The asset management firm submitted<\/a><\/strong> a request to the Securities and Exchange Commission (SEC) for what it has named the “VanEck Avalanche ETF,” as revealed in a filing made on Friday.<\/p>\n

The proposed ETF aims to mirror AVAX’s<\/a><\/strong> market performance while accounting for operational costs. Documents indicate that the trust has been registered in Delaware, marking what appears to be the first ETF of its kind focused on Avalanche’s native cryptocurrency.<\/p>\n

Bloomberg Intelligence analyst James Seyffart highlighted the significance of this move, noting in an X post that while the trust\u2019s registration had already been widely circulated earlier in the week, this was the first formal submission to the SEC.<\/p>\n