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06/13 17:19

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.

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.1749835160436.png


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