Avalanche Gets First US ETF As VanEck Debuts AVAX Fund
VanEck has launched the first U.S. exchange-traded fund (ETF) focused on Avalanche (AVAX), marking a significant milestone for the cryptocurrency. The new fund aims to provide investors with exposure to Avalanche's blockchain technology and its ecosystem. This development reflects growing institutional interest in cryptocurrencies and the desire for regulated investment vehicles. The AVAX fund is expected to attract both retail and institutional investors looking to diversify their portfolios with digital assets.
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