Breaking: SEC Starts Proceedings on VanEck Avalanche Crypto ETF, AVAX Price to $36
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最新报道：The U.S. Securities and Exchange Commission (SEC) has initiated proceedings to review VanEck's proposed spot Avalanche (AVAX) ETF, signaling a potential shift in regulatory stance toward crypto investment products. The decision follows VanEck's June filing for the first-ever AVAX ETF, which would track the token's price directly. SEC staff cited concerns over market manipulation and investor protection, requesting public comments within 21 days. AVAX price surged 12% to $36 following the news as traders anticipate growing institutional interest. The move comes amid broader SEC scrutiny of crypto ETFs, including delayed decisions on Ethereum-based funds. Analysts note approval could legitimize Avalanche's ecosystem while expanding accessible crypto investment options.
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