🚀 Nasdaq and Grayscale bet on Avalanche (AVAX)!

📢 Great news for institutional adoption of crypto! Nasdaq has filed with the SEC to list shares of the Grayscale Avalanche Trust. A major advancement that could strengthen the visibility and legitimacy of AVAX in financial markets.

🔹 $1.76 million in assets under management

🔹 +7.4% premium on net asset value per share

🔹 Coinbase, BNY Mellon & CoinDesk Indices involved in the project

🔹 The SEC has 90 days to review the application

📊 Avalanche (AVAX) is currently trading at $20.24, with a market capitalization of $8.39 billion. Despite recent volatility, the growing interest in crypto ETFs could pave the way for even stronger institutional adoption.

🔍 And you, do you think this trust could boost investor confidence in Avalanche? 💬👇

$AVAX

#cryptouniverseofficial #AvalancheAVAX #AVAX #Grayscale #NASDAQ 🚀