🚨 SEC Delays Decision on VanEck’s Spot Avalanche (AVAX) ETF

🏛 The U.S. Securities and Exchange Commission has once again hit pause—this time on VanEck’s proposed Spot Avalanche ETF, adding to the list of pending crypto ETF applications amid a wave of regulatory scrutiny.

🔁 This delay follows a similar hold-up on Grayscale’s AVAX ETF, signaling continued hesitation around altcoin-based ETFs.

📉 Meanwhile, the price of $AVAX dropped 5.97%, currently trading at $21.12, reflecting market uncertainty tied to regulatory action.

🌐 As the crypto investment landscape evolves, these ETF decisions could shape how institutional capital flows into emerging blockchain ecosystems.

#Avalanche #ETF #VanEck #Crypto #SEC

https://coingape.com/us-sec-delays-vaneck-spot-avalanche-etf/