Vaikaina has submitted a registration for an avalanche exchange-traded funds in the Delaware state after his previous Solan ETF filing.
According to public records on the official delaware state, on March 10, the investment firm Onek filed for a new cryptocurrency investment product called Vanc Alag ETF in the United States, according to the public records on the official delaware state WebsiteThis indicates on an official S -1 that a spot from Vanek in the future filing for ETF.
The document is registered under file number 10125689 and the registered agent on the form was discovered as CSC Delaware Trust Company, which was similar to several other Crypto ETF filing in the past.
The Vaneck Avax ETF is structured as a Delaware statutory trust and will be managed under a trust agreement, which is the main sponsor of the Vaneck Fund. The next logical step for vanak to install the fund will have to file an official S -1 form with US Securities and Exchange Commission for a spot AWax ETF.
At the press time, Avax is more than 7% in the last 24 hours and is trading at $ 17.18. In the last few days, tokens have experienced a decreasing trend. In the last week, the avalanche has gone down to about 15% and more than 32% in the previous month.
If registration is approved, Vaenk can become the first firm to launch an exchange-traded fund in the US to keep AWax tokens directly. Avax layer 1 blockchain network is an indigenous token of avalanche, designed by AVA labs.
In June 2024, Vainene filed a spot with US compress for Salana (Sol) ETF, which became one of the firms to file for a Sol ETF. Prior to its latest ETF filing, Vaikaine has also registered ETF products supported by Bitcoin (BTC) and Atherium (Ath).
