SEC Evaluates VanEck's AVAX ETF; AVAX Rises 2% Amid Regulatory Review
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最新报道：The U.S. Securities and Exchange Commission (SEC) has begun evaluating VanEck's application for a spot Avalanche (AVAX) exchange-traded fund (ETF), marking the first AVAX ETF under regulatory review. Following the announcement, AVAX's price rose 2% to $27.36. The SEC will decide on the proposal within 45 days, with a final deadline set for February 2025. This development comes as the SEC also reviews similar crypto ETF proposals, including those for Ethereum. VanEck's move signals growing institutional interest in AVAX, despite the SEC's ongoing scrutiny of crypto-related investment products.
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