Derived from Criptonoticias, Avalanche (AVAX) is entering the race for a spot in the US stock market through an ETF, following in the footsteps of XRP and Solana (SOL). Bitwise has proposed an ETF with the ticker BAVA, which includes a 0.34% sponsor fee and allows staking of up to 70% of AVAX holdings. The price of AVAX rose 7% in the past week, reaching $15, though it remains 89% below its all-time high. Other firms, including VanEck and Grayscale, are also pursuing AVAX ETFs.
Avalanche Joins XRP and Solana in Pursuit of US ETF Listings
CriptonoticiasShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.