Grayscale Moves to Convert Avalanche Trust Into Spot ETF

Grayscale is moving ahead with its plans to turn its Avalanche AVAX AVAX - $24.451 Trust into a spot exchange-traded fund (ETF), filing an S-1 registration statement with the U.S. Securities and Exchange Commission on Friday.

Source: coindesk.com

Related symbols: AVAXUSD

2025-08-25 13:28:04 GMT.

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Price & Market Data

Price: $24.451

Volume 24h: $265,068,204.47

Market Cap: $10,325,109,380.25

Description

Avalanche (AVAX) is a cryptocurrency launched in 2020. Avalanche has a current supply of 457,277,985.48916084 with 422,275,285.48916084 in circulation. The last known price of Avalanche is 24.43687684 USD and is down -0.25 over the last 24 hours. It is currently trading on 969 active market(s) with $265,740,501.42 traded over the last 24 hours. More information can be found at https://avax.network/.