Grayscale Investments has filed an S-3 form with the Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into an exchange-traded fund (ETF). This move aims to streamline digital asset investing for broader access, connecting traditional markets with crypto offerings. Meanwhile, Nasdaq recently submitted a Form 19b-4 to list and trade shares of Grayscale’s spot Avalanche ETF. This signifies the company’s ambition to further bridge the gap between cryptocurrency and conventional financial systems. Launched in August 2023, the Avalanche Trust was designed to enable institutional investors to invest in AVAX, the native cryptocurrency of the Avalanche blockchain. By converting the trust into an ETF, Grayscale aims to make AVAX investments more accessible, while also introducing stronger regulatory oversight within traditional financial markets. This strategic move strengthens Grayscale’s standing as a key figure in the dynamic world of crypto-finance.