Bitwise Files S-1 Application for New Avalanche ETF Focused on AVAX

TLDR Bitwise has filed an S-1 application with the SEC for an Avalanche ETF focused on AVAX exposure. The ETF will hold AVAX directly instead of using derivatives, providing direct access to the digital asset. Coinbase Custody Trust Company will manage and secure the Avalanche assets in segregated cold storage accounts. The ETF will issue [...]

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