Nasdaq files 19b-4 with SEC to list and trade shares of Grayscale’s proposed Avalanche ETF 📈
Nasdaq has officially filed a 19b-4 with the SEC, marking a step forward in the process to list and trade shares of the proposed Avalanche ETF by Grayscale. This move positions Grayscale alongside VanEck and other entities seeking approval for new crypto funds amidst a surge of interest in such financial products.
The push for diverse crypto ETFs indicates a growing demand in the market, as more investors look towards digital assets and innovative financial instruments. The SEC's response to these proposals could significantly impact the regulatory landscape for cryptocurrency products in the near future.
Source: www.theblockcrypto.com ↗
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