Bitwise Aims to Simplify Avalanche Access with New ETF Filing
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Bitwise, a major crypto asset manager, is seeking to break down barriers for traditional investors with a new spot Avalanche ETF.
Filed with the SEC on Monday, the proposed fund is designed to provide exposure to AVAX without the complexities of direct ownership, such as managing private keys or using crypto exchanges.
“The Trust provides investors with the opportunity to access the market for Avalanche through a traditional brokerage account,” Bitwise stated in its S-1, positioning the product as a more efficient and secure way to implement investment strategies involving the asset.
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