Key Takeaways:
- VanEck has registered an Avalanche ETF in Delaware, hinting at a potential spot AVAX ETF launch in the U.S.
- This marks VanEck’s fourth crypto ETF filing, following Bitcoin, Ethereum, and Solana.
- AVAX has dropped 55% year-to-date, reflecting broader market pressures.
Global investment firm VanEck has registered an Avalanche exchange-traded fund (ETF) in Delaware, signaling potential plans for a spot AVAX ETF.
The filing, dated March 10, 2025, was listed as a statutory trust, similar to VanEck’s previous crypto ETF registrations.
🚨JUST IN: VANECK FILED FOR THE VANECK AVALANCHE $AVAX ETF IN DELAWARE, ACCORDING TO OFFICIAL RECORDS
— BSCN (@BSCNews) March 11, 2025
This marks VanEck’s fourth standalone crypto ETF registration in Delaware, following Bitcoin (BTC), Ether (ETH), and Solana (SOL).
The firm has been a major player in the crypto ETF space, having filed for a spot Solana ETF with the SEC in June 2024 and being among the first issuers of a spot Bitcoin ETF in early 2024.
The registration comes amid a challenging market for AVAX, which has dropped 55% year-to-date, while Bitcoin has fallen around 17% in the same period, according to CoinGecko.
While the Delaware registration does not confirm an immediate SEC filing, it highlights VanEck’s commitment to expanding its crypto investment offerings.
Given the firm’s track record in launching crypto ETFs, this move could indicate growing institutional interest in Avalanche as a potential investment asset.
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