Nasdaq seeks SEC approval for Grayscale’s Avalanche ETF listing

28.03.25 14:35 Uhr

Werte in diesem Artikel
Aktien

71,00 EUR 0,20 EUR 0,28%

Indizes

5.671,0 PKT 37,9 PKT 0,67%

US stock exchange Nasdaq has submitted a filing to the US Securities and Exchange Commission (SEC) seeking permission to list Grayscale Investments’ spot Avalanche exchange-traded fund (ETF).The document, filed on March 27, asks for a rule change to list the Grayscale Avalanche Trust (AVAX). The derivative product in question would be a conversion of Grayscale Investments’ close-ended AVAX fund launched in August 2024.Grayscale said on its website that “its SEC-reporting Products present a strong case for uplisting when permitted by the U.S. regulatory environment.” The firm explained that, following the conversion, “the arbitrage mechanism inherent to ETFs would help the product more closely track the value” of the assets.At the time of publication, the Grayscale Avalanche Trust holds $1.76 million worth of assets under management. The current net asset value per share is $10.86 for just over 0.49 AVAX per share, worth $10.11 according to CoinMarketCap data, which puts the fund’s current market price at a 7.4% premium to the value of its underlying assets.Related: NYSE proposes rule change to allow ETH staking on Grayscale’s spot Ether ETFsGrayscale expands crypto ETF offeringsGrayscale’s website lists 28 crypto products, of which 25 are single-asset derivatives and three are diversified. The firm is among those currently waiting for the approval of its XRP spot ETF, as well as other products.Other examples include its spot Cardano ETF filing and its Litecoin Trust conversion to an ETF. These filings also follow the company’s successful conversion of its Ether and Bitcoin close-ended funds into spot ETFs.In 2024, Grayscale Investments also announced the conversion of a part of its Bitcoin and Ethereum ETFs into spinoff products. The new Grayscale Bitcoin Mini Trust (BTC) and Grayscale Ether Mini Trust (ETH) feature lower fees and follow their derivatives, losing capital to more cost-effective options.Related: BlackRock Bitcoin ETP ‘key’ for EU adoption despite low inflow expectationsUnited States Bitcoin ETF assets under management by product. Source: MacroMicroData reported at the end of 2024 shows that over $21 billion has been withdrawn from the Grayscale Bitcoin Trust (GBTC) since its launch on Jan. 11, 2024. This made it the only US-based Bitcoin ETF with a negative investment flow at the time.This product offering has the highest management fee among all the products, set at 1.5% per annum. The other ETFs range from 0.15% for the Grayscale Bitcoin Mini Trust to 0.25% for the highest-priced competitors.The situation, looking at Ethereum ETFs, is quite similar, with the lowest fee being the Grayscale Ether Mini Trust and the highest being its older Ethereum trust product. Competing offerings again do not charge more than 0.25%.Magazine: Arbitrum co-founder skeptical of move to based and native rollups: Steven GoldfederWeiter zum vollständigen Artikel bei Cointelegraph Weiter zum vollständigen Artikel bei Cointelegraph

In eigener Sache

Übrigens: Nasdaq und andere US-Aktien sind bei finanzen.net ZERO sogar bis 23 Uhr handelbar (ohne Ordergebühren, zzgl. Spreads). Jetzt kostenlos Depot eröffnen und als Geschenk eine Gratisaktie erhalten.

Ausgewählte Hebelprodukte auf Nasdaq

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Nasdaq

NameHebelKOEmittent
NameHebelKOEmittent
Wer­bung

Quelle: Cointelegraph

Nachrichten zu Nasdaq Inc

Wer­bung

Analysen zu Nasdaq Inc

DatumRatingAnalyst
11.12.2017Nasdaq BuyUBS AG
08.09.2017Nasdaq OverweightBarclays Capital
27.07.2017Nasdaq BuyUBS AG
27.04.2017Nasdaq Sector PerformRBC Capital Markets
31.03.2017Nasdaq Sector PerformRBC Capital Markets
DatumRatingAnalyst
11.12.2017Nasdaq BuyUBS AG
08.09.2017Nasdaq OverweightBarclays Capital
27.07.2017Nasdaq BuyUBS AG
28.04.2016Nasdaq OverweightBarclays Capital
28.04.2016Nasdaq BuyUBS AG
DatumRatingAnalyst
27.04.2017Nasdaq Sector PerformRBC Capital Markets
31.03.2017Nasdaq Sector PerformRBC Capital Markets
01.07.2009NASDAQ OMX Group market performWilliam Blair
12.11.2007Nasdaq Stock Market equal-weightLehman Brothers Inc.
23.01.2007Update NASDAQ Stock Market Inc.: NeutralJP Morgan
DatumRatingAnalyst

Keine Analysen im Zeitraum eines Jahres in dieser Kategorie verfügbar.

Eventuell finden Sie Nachrichten die älter als ein Jahr sind im Archiv

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Nasdaq Inc nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen