Reported about 7 hours ago
Asset manager VanEck has submitted a filing for an exchange-traded fund that will track the price of Avalanche’s AVAX coin. This move comes as investment firms are increasingly launching products aimed at capitalizing on the rising interest in cryptocurrencies beyond bitcoin, following notable price rallies. Earlier this month, Franklin Templeton also filed for an ETF linked to the price of XRP, showcasing the expanding interest in alternative cryptocurrencies.
Source: YAHOO