VanEck & Nasdaq File Avalanche ETF, Spark Crypto Market Buzz

The cryptocurrency world is abuzz as asset management giant VanEck and stock exchange powerhouse Nasdaq have jointly filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list an Avalanche-focused exchange-traded fund (ETF). This move, first reported by ETF analyst James Seyffart on X (formerly Twitter), signals a significant step toward mainstream adoption of the AVAX cryptocurrency and its broader decentralized finance (DeFi) ecosystem.