Grayscale Moves To Mainstream Crypto With ETF Filings For Avalanche, Top Tokens

Grayscale’s mission to bring cryptocurrencies in the mainstream financial universe through ETFs has picked up pace. Nasdaq filed a request on March 28, through a 19b-4 filing, to transform Grayscale’s Avalanche Trust into a Grayscale’s spot Avalanche ETF. On Tuesday, Grayscale made further progress in that direction by filing an S-3 form with the SEC to transform its Digital Large Cap Fund into an ETF.

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The almost 2-year-old Avalanche Trust …

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