The U.S. Securities and Exchange Commission (SEC) has decided to delay its approval of VanEck’s proposed Spot Avalanche (AVAX) Exchange-Traded Fund (ETF). This postponement follows a similar delay with Grayscale’s spot Avalanche ETF.
Bitstar2
06/13 02:41
Breaking: US SEC Delays VanEck Spot Avalanche ETF
Breaking: US SEC Delays VanEck Spot Avalanche ETF
SEC delays approval of VanEck's Spot Avalanche ETF, extending uncertainty as AVAX price drops 5.97%, trading at $21.12.
- SEC delays VanEck's Spot Avalanche ETF decision until July 15, 2025, adding to ongoing regulatory caution.
- AVAX price drops 5.97% after SEC postpones VanEck Spot Avalanche ETF approval.
- VanEck aims to expand crypto ETFs with Spot Avalanche ETF, following Bitcoin, Ethereum, and Solana.
- SEC delays VanEck's Spot Avalanche ETF decision until July 15, 2025, adding to ongoing regulatory caution.
- AVAX price drops 5.97% after SEC postpones VanEck Spot Avalanche ETF approval.
- VanEck aims to expand crypto ETFs with Spot Avalanche ETF, following Bitcoin, Ethereum, and Solana.
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