Nasdaq files to list VanEck spot Avalanche ETF

American stock exchange Nasdaq has filed an application with the United States Securities and Exchange Commission (SEC) to list and trade shares of the VanEck Avalanche Trust, a proposed exchange-traded fund (ETF) designed to offer indirect exposure to the AVAX AVAX - $18.036 token.The filing, signed by Nasdaq's executive vice president and chief legal officer John Zecca, requests approval to list and trade shares of the VanEck Avalanche ETF under the company's Rule 5711(d), which governs the trading of commodity-based trust shares. If approved, the VanEck Avalanche ETF would allow investors to gain exposure to the price of Avalanche AVAX AVAX - $18.036 without directly holding them.

Source: cointelegraph.com

Related symbols: AVAXUSD

2025-04-10 13:58:04 GMT.

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Price & Market Data

Price: $18.036

Volume 24h: $214,212,630.45

Market Cap: $7,615,222,300.15

Description

Avalanche (AVAX) is a cryptocurrency launched in 2020. Avalanche has a current supply of 457,231,850.36733437 with 422,229,150.36733437 in circulation. The last known price of Avalanche is 18.00896597 USD and is down -0.09 over the last 24 hours. It is currently trading on 928 active market(s) with $218,191,655.01 traded over the last 24 hours. More information can be found at https://avax.network/.