GREETCALE files for Lavina ETF with NASDAK

Neđadda filed a 19B-4 form with American commission securities and exchange and trade action of the proposed secondary place for a local local part-time place.

If approved, the ETF would hold an avaq (Avaq) Directly, offering exposure to investors by parent token token through traditional broker accounts.

Greiscale’s jerk comes a week after Vanecka submit Statement on S-1 registration for starting the competitors of Avalanche ETF.

The submission Indicates a growing institutional interest in regulated AltCoin investment vehicle, although it is yet to approve any place Cripto ETFS outside Bitcoin (Btc) and Etherum (El).

The proposed ETF will convert existing trust in Graiscale, originally launched in August 2024. as a private placement, in the place of ETF. According to the base, coin custody will serve as a guardian guardian, while the BNI Mellon is expected to act as an administrator and transmission agent.

The Avalanche is a layer 1 blockin known for high bandwidth and scalability. His registration token avaq is used for transactions, putting and managing.

The token rejected over 7% in the last 24 hours in the middle of wider crashes on the market, trading around $ 20.20.

Greiscale’s Filing Follow his recent pressure on Cardano (Ada) ETF, signaling the broader effort to enter multiple ALTCOIN in the ETF regulated market.

SEC decision on these fillets could set a precedent for the next generation of Crypto CRIPTO ETF outside Bitcoin and Ethereum.