Grayscale Moves to Convert Avalanche Trust Into Spot ETF

Grayscale has taken significant steps to transition its Avalanche Trust into a spot Exchange-Traded Fund (ETF), marking a pivotal moment in the company's efforts to broaden its investment offerings and align with evolving market trends. This move reflects Grayscale's commitment to enhancing accessibility for investors seeking exposure to digital assets, while also navigating the regulatory landscape surrounding cryptocurrency investments. source: https://www.coindesk.com/markets/2025/08/25/grayscale-files-s-1-with-sec-to-convert-avalanche-trust-into-spot-etf-on-nasdaq