Bitwise’s Avalanche ETF Filing Set to Propel AVAX into Mainstream US Capital Markets
Wall Street meets Web3 as Bitwise drops regulatory paperwork for first-ever Avalanche ETF—institutional doors swing wide open for AVAX.
The Gateway Play
Bitwise just fired the starting gun on AVAX's entry into traditional finance. Their ETF filing positions Avalanche not as some niche crypto asset, but as a legitimate contender for institutional portfolios. This isn't just another altcoin—it's infrastructure now.
Market Mechanics Shift
Expect liquidity depth changes, new arbitrage opportunities, and that classic Wall Street embrace that somehow both legitimizes and sanitizes crypto's edge. Because nothing says adoption like fitting into a regulated box that funds can comfortably allocate to—even if the suits still don’t quite get the tech.
Let’s be real: the same institutions that once called crypto a fraud now can’t wait to charge 2% management fees on it. Progress? Absolutely. Ironic? Perfectly.
Bitwise has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Bitwise Avalanche ETF, which is a proposed spot-based exchange-traded product. The relocation is indicative of an i... Read More
