Nasdaq Seeks Approval to List Grayscale Avalanche Trust on its Exchange

The Nasdaq Stock Exchange has filed a request with the SEC for approval to list Grayscale’s Avalanche Trust, marking a significant step towards expanding cryptocurrency ETF offerings beyond Bitcoin and Ethereum. This move positions Nasdaq and Grayscale to enhance investor access to the Avalanche token through an exchange-listed fund tracking AVAX’s spot prices. 📈 Grayscale, aiming to diversify its portfolio beyond existing BTC and ETH investments, believes this will broaden investor access to a wider range of digital assets.