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# GrayscaleEyesAVESpotETFConversion
Grayscale Eyes AVAX Spot ETF Conversion! 🏔️💰
Grayscale is reportedly advancing plans to convert its Avalanche
(AVAX) Trust into a spot ETF, following successes with Bitcoin, Ethereum, and
recent altcoin pushes like NEAR.
·
Builds on $500M+ Digital Large Cap Fund (incl.
AVAX exposure) already greenlit for ETF.
·
Targets institutional demand for Layer-1 staking
yields amid DeFi boom.
·
NYSE Arca listing eyed, S-1 filing imminent per
latest filings.
Altcoin ETFs heating up—AVAX next big play? 📈
#GrayscaleAVAX #SpotETF