@vika1213
Grayscale Files S-1 for Avalanche (AVAX) Exchange-Traded Fund (ETF)
Grayscale’s S-1 filing with the SEC explains the ETF structure, relevant legal details, management, and listed risks. The document discusses how AVAX assets would be held and how investor reporting would work.
If the SEC approves, the ETF would follow the price of AVAX, offering regulated access to the Avalanche network. Investors would not need to manage or store AVAX themselves. This setup could help traditional investors enter crypto markets using established financial processes.
https://beincrypto.com/grayscale-avalanche-avax-etf-sec-filing/