Bitwise Preps for AVAX ETF Launch: Signifies Institutional Interest in Avalanche

Bitwise’s recent move to register an entity for a potential AVAX ETF in Delaware has sparked excitement within the cryptocurrency community. This preliminary step signals growing institutional interest in Avalanche and its ecosystem. The firm is taking steps towards creating a regulated framework that would allow investors access to this blockchain technology through a traditional investment vehicle like an ETF, potentially revolutionizing how the market operates.