AVAX Trust Launches Spot ETF Conversion
@Grayscale is seeking to convert its Grayscale Avalanche Trust into a spot ETF, enhancing access to $AVAX investments. VanEck plans a similar fund with staking options. #Update #Crypto $AVAX
@Grayscale is seeking to convert its Grayscale Avalanche Trust into a spot ETF, enhancing access to $AVAX investments. VanEck plans a similar fund with staking options. #Update #Crypto $AVAX
@Grayscale has filed with the SEC for three new crypto ETFs, including $BCH and $HBAR, amid ongoing regulatory scrutiny. The firm aims to diversify its offerings as competition heats up. #Update #Crypto $BCH $HBAR
@Grayscale has filed with the SEC to convert its $28.7M Chainlink Trust into an ETF on NYSE Arca under ticker GLNK, aiming to provide regulated access to Chainlink’s performance. #Update #Crypto $LINK
@Grayscale is urging @SECGov to approve staking for Ethereum ETFs, potentially unlocking $61M in rewards and boosting U.S. crypto investment. #Update #Crypto $ETH (+6) ↗
@Grayscale files to rename its Solana Trust to an ETF, removing $SOL staking from the trust in a new SEC S-1 filing. $SOL is up 4.5% today. #Update #ETF $SOL (+3) ↗
@Grayscale seeks SEC approval to list its Digital Large Cap Fund as an ETF on NYSE Arca, offering exposure to $BTC, $ETH, $XRP, $SOL, and $ADA. #Update #ETF $BTC (+3) →
@Nasdaq submitted a proposal to the SEC to list Grayscale’s Avalanche Trust ETF, linked to $AVAX. @Coinbase Custody will be custodian upon approval. #Update #ETF $AVAX (-3) ↘
@Grayscale has filed with the SEC to convert its Avalanche trust into a spot ETF, with Coinbase Custody as custodian and BNY Mellon as transfer agent. #Update #ETF $AVAX (+3) →
Grayscale Research reports that Sui ($SUI) could capture market share from Ethereum ($ETH) due to its high throughput and low transaction costs. #Update #Crypto $SUI (+3) ↗
Wealthy Americans are leading crypto adoption, with 26% owning digital assets, per @GrayscaleInvest. Interest in Bitcoin rises amid geopolitical tensions and ETF approvals. #Update #Crypto $BTC (+3) ↗
@SECGov extends review period for @Grayscale’s XRP ETF proposal to May 21, 2025, allowing more time for evaluation of the application. #Update #ETF $XRP (→ 0)
@Grayscale filed for a spot Polkadot fund on Nasdaq, highlighting SEC’s ETF review landscape amid proposals for $XRP, $LTC, $SOL, $DOGE, and $HBAR. #Update #ETF $DOT (+3) ↗
DailyHodl: @GoldmanSachs holds $1.83B in $BTC and $ETH ETFs, including 24M IBIT shares worth over $1.33B and 7M FETH shares valued at $191M (SEC filing) #Breaking #Crypto (+9) ↗
DailyHodl: @Grayscale seeks SEC approval for the first $ADA ETF via NYSE Arca, boosting Cardano’s price by 12% this week amid a declining crypto market. #Update #ETF $ADA (+7) ↗