VanEck registers Avalanche ETF in US as AVAX drops 55% year-to-date

Global investment firm VanEck appears to be one of the first issuers to hint at a spot Avalanche ETF with its registration in Delaware.

Global investment firm VanEck registered an Avalanche exchange-traded fund (ETF) in the United States, hinting at a forthcoming filing for a spot AVAX ETF.

VanEck, on March 10, registered a new cryptocurrency investment product called VanEck Avalanche ETF in Delaware, according to public records on the official Delaware state website.

Similar to other crypto ETF filings by VanEck, the potential new product under filing number 10125689 was registered as a trust corporate service company in Delaware.

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