Summary
- Nasdaq reported that it applied to the SEC for the listing of VanEck's 'Avalanche ETF'.
- VanEck formalized the launch of the Avalanche ETF last month and submitted a listing application to Nasdaq.
- Asset manager Grayscale is also preparing to launch an Avalanche ETF.
Nasdaq has applied to the U.S. Securities and Exchange Commission (SEC) for the listing of the 'Avalanche Exchange-Traded Fund (ETF)'.
According to industry sources on the 10th, Nasdaq submitted an application to the SEC on the 9th (local time) for the listing of VanEck's Avalanche ETF. The main point of the application is to approve the listing and trading of the Avalanche ETF. The application was signed by John Zecca, Nasdaq's Chief Legal Officer (CLO).
VanEck began to formalize the launch of the Avalanche ETF last month. Asset manager Grayscale is also preparing to launch an Avalanche ETF. Nasdaq applied for the approval of Grayscale's Avalanche ETF to the SEC at the end of last month.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
