Institutional interest in avalanches grows: Grayscale and Vaneck apply for ETFs for AVAX on the Nasdaq
<p> <strong> Institutional interest in avalanches grows: Grayscale and Vaneck apply for ETFs for AVAX on the Nasdaq </strong> </p>
grayscale and vaneck apply for Avalanche ETFs
In the past few weeks, interest in Avalanche (Avax) has increased significantly, since two large asset managers, Grayscale and Vaneck, have submitted applications to the US stock exchange supervision SEC for the approval of ETFs. Grayscale has submitted an application for the laying of an Avalanche ETF noted on the Nasdaq, while Vaneck also submitted an S-1 registration document at the SEC. This indicates a growing institutional interest in avalanches.
Avalanche-ETFS: An access for investors
For investors who want to participate in Avax without having to keep the token directly, these ETF applications offer an interesting option. If approved, the Avalanche Spot ETF would be the first product on the US market that enables direct access to Avax via NASDAQ. This would enable institutions and small investors to act AVAX like a share without having to deal with crypto wallets or complex trading platforms. A simple click and trade could begin.
Avalanche Card: A bridge to the real world
In addition to the ETF applications, the Avalanche Foundation recently introduced the Avalanche Card in cooperation with Visa Network Rain. This card enables users to spend digital assets such as USDC, USDT, AVAX and WAVAX wherever visas are accepted. With the Avalanche Card it becomes easier to issue cryptocurrencies in Fiat currency, since there are no more conversion problems or expenditure restrictions.
The Rain infrastructure behind the Avalanche Card enables AVAX's use similar to conventional debit or credit cards. For example, users can pay their morning coffee with Avax, so that the boundaries between cryptocurrencies and the real world are blurred.
octopus extends support for stable coins
Another remarkable development for the Avalanche network is the support for the StableCoins USDT and USDC from the Starten Starting State, which was announced on March 25, 2025. This addition is more than just an add-on; It offers users lower transaction fees and significantly higher transmission speeds than with other networks.
These developments could lead to a shift in liquidity flows into the avalanche ecosystem and further strengthen the network.
At the time of going to the editor, AVAX's course was around 20.48 $ 20, which corresponds to an increase of 10.09 % in the last seven days and market capitalization increases to over $ 8.40 billion. The developments in Avalanche clearly show that the token has the potential to establish themselves as an important player in the crypto market.