Summary
- It was reported that a total of 11 altcoin-based ETF applications have been submitted to the U.S. SEC.
- Nate Geraci, CEO of ETF Store, stated that with the Avalanche spot ETF application, the total has reached 11.
- Grayscale also reported submitting an Avalanche spot ETF application.
A total of 11 altcoin-based Exchange Traded Fund (ETF) applications have been submitted to the U.S. Securities and Exchange Commission (SEC).
On the 28th, Nate Geraci, CEO of ETF Store, announced, "With the submission of the Avalanche spot ETF application today, the total number of altcoin ETF applications submitted to the U.S. SEC has increased to 11." Earlier that day, Grayscale also submitted an Avalanche (AVAX) spot ETF application.
The altcoins for which ETF applications have been submitted so far include XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Avalanche (AVAX), Sui (SUI), Hedera (HBAR), Polkadot (DOT), Litecoin (LTC), Aptos (APT), and Axelar (AXL), totaling 11.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
