đš SEC Delays Decision on VanEckâs Spot Avalanche (AVAX) ETF
đ The U.S. Securities and Exchange Commission has once again hit pauseâthis time on VanEckâs proposed Spot Avalanche ETF, adding to the list of pending crypto ETF applications amid a wave of regulatory scrutiny.
đ This delay follows a similar hold-up on Grayscaleâs AVAX ETF, signaling continued hesitation around altcoin-based ETFs.
đ Meanwhile, the price of $AVAX dropped 5.97%, currently trading at $21.12, reflecting market uncertainty tied to regulatory action.
đ 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/
