Crypto Daily™16 minutes ago

Published on March 20, 2025 06:51 GMT+00:00edited on March 20, 2025 06:54 GMT+00:00

Investment manager VanEck registered a trust company for an Avalanche (AVAX) exchange-traded fund (ETF) in Delaware. 

Asset manager VanEck has registered an AVAX ETF in Delaware amid the widespread sell-off in the crypto market. 

VanEck Expands ETF Foray

Investment manager VanEck has registered a trust company for an Avalanche (AVAX) exchange-traded fund. According to a filing on Delaware’s Department of State website, the New York-headquartered company registered the “VanEck Avalanche ETF” on Monday, March 10. The Avalanche filing is the fourth crypto asset for which the company has filed an ETF. VanEck previously filed for a spot Solana fund in June 2024 and became one of the first issuers of bitcoin (BTC) and ether (ETH) ETFs after it secured approval in January and July …