Grayscale is the next issuer to file a 19b-4 form for an Avalanche (AVAX) ETF. The filing enters a 90-day review period with the SEC.

The application comes as issuers aim to launch funds tracking a range of altcoins.

TL;DR Gelato has integrated its blockchain-as-a-service on Avalanche to facilitate the deployment of sovereign networks for institutions. The solution reduces costs and deployment times with interoperability through Avalanche InterChain Messaging. Companies like Kraken, Animoca Brands, Fox News, and eBay have already used Gelato's technology for blockchain solutions.

Avalanche e Gelato have introduced a new solution blockchain-as-a-service designed for financial institutions, public entities, and companies that wish to create customizable, interoperable, and highly reliable blockchain networks. The system drastically simplifies the creation and management of new Layer-1 networks, serving as a strategic infrastructure to support the adoption of blockchain technology by institutional players.

The global electronic stock exchange and marketplace Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to list Grayscale Avalanche Trust (AVAX), a spot ETF tracking the Avalanche blockchain's native token, marking a pivotal step toward expanding crypto-based exchange-traded products (ETPs).

TL;DR Nasdaq requested SEC approval for an Avalanche (AVAX) ETF managed by Grayscale, converting its trust into a regulated investment product. VanEck also filed for an AVAX ETF, reflecting the growing institutional interest in regulated crypto investments.

Nasdaq has submitted an official request to the Securities and Exchange Commission (SEC) to list the Grayscale AVAX Trust as a spot ETF. The objective of the proposal is to transform the closed-end fund AVAX, active since August 2024, into an exchange-traded and fully regulated fund.

Grayscale Investments is moving forward with its efforts to introduce a spot Avalanche exchange-traded fund (ETF) product to the market. On March 27, Nasdaq applied to list and trade the Grayscale Avalanche Trust shares as an exchange-traded fund with the US Securities and Exchange Commission (SEC).

According to a recent analysis, the AVAX price is eyeing a rebound to as high as $44. This comes just as asset manager Grayscale files to offer an Avalanche ETF, which will list and trade on the Nasdaq exchange.

Nasdaq has filed a 19b-4 form with the U.S. Securities and Exchange Commission to list and trade shares of Grayscale's proposed spot Avalanche exchange-traded fund.

Blockchain developer platform Gelato is launching a new blockchain-as-a-service solution on Avalanche to meet the growing demand for sovereign blockchain infrastructure during a crucial “tipping point” for institutional adoption.Gelato, which previously developed blockchain solutions for companies such as Kraken and Animoca Brands, unveiled the new upgrade that aims to let developers deploy fully sovereign chains faster and cheaper with full interoperability via Avalanche InterChain Messaging (ICM). Gelato emphasized that its service is ideal for advanced applications such as financial technology (fintech) requiring identity verification (KYC) and specialized gaming economies, according to a March 28 announcement shared exclusively with Cointelegraph.

Grayscale follows VanEck in seeking the SEC's approval to launch an Avalanche ETF alongside a slew of recent crypto fund proposals.

If approved, the ETF would provide investors with a path to access AVAX through conventional brokerage accounts.

DeFi lending is recovering in March after a series of market capitulations and liquidations. More value is flowing into smaller chains, with the biggest growth for Berachain and Sonic.

TL;DR Arbitrum DAO has been operating at a loss, spending $231 million while generating $107 million in revenue, yet 2025 is projected to become its most profitable year. Over 95% of its earnings come from transaction fees, with Layer 2 (L2) surplus fees standing out as the dominant income source.

The approval could enhance mainstream adoption of crypto investments, offering diversified exposure and potentially stabilizing AVAX's market presence. The post Nasdaq seeks SEC approval to list Grayscale's spot Avalanche ETF appeared first on Crypto Briefing.

Arbitrum DAO's earnings and plans for raising more revenue in the coming months and years for its network were shared by Entropy Advisors, a platform that monitors decentralized autonomous organization (DAO) development and governance on Arbitrum.

Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments facilitation at the center.

Avalanche (AVAX) has been one of the standout performers in recent weeks, surging more than 53% since March 11 as bulls attempt to kickstart a broader recovery rally. The strong rebound follows a brutal correction in which AVAX lost over 72% of its value since mid-December 2024, triggering widespread capitulation and fear across the market.

Amnis Finance has become the first protocol to participate in Aptos' Liquid Funding Model (LFM) initiative. The development represents a crucial move in cementing Amnis Finance's status and enriching advancements in the Aptos decentralized finance (DeFi) space.

This new stablecoin, called MXNB, will be issued and managed by Juno, a newly established subsidiary of Bitso. The launch of this peso-pegged stablecoin will take place on Arbitrum.

Wyoming has taken a major step forward in the race to become a blockchain policy leader in the United States. The state has officially begun testing its own government-backed stablecoin, the Wyoming Stable Token (WYST), across several major blockchain networks.

Bitcoin (BTC) bulls have maintained the pressure and are attempting to push the price above the $90,000 resistance. A positive sign in favor of the bulls is that the US spot Bitcoin exchange-traded funds have witnessed net inflows for eight successive trading days, according to SoSoValue data.

Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum.The stablecoin, MXNB, will be issued and managed by Bitso's newly established subsidiary Juno and will be fully fiat-backed by Mexican pesos on a one-to-one basis, Bitso Business said in a March 26 statement. Bitso Business' head of stablecoins, Ben Reid, said a primary use case for MXNB could be to promote foreign investment and trade in Latin American economies by providing a more “efficient way” to do business compared to traditional finance infrastructure.

The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.

The Avalanche crypto ecosystem is buzzing with excitement as the AVAX price surges toward new heights. After hitting a low of $15.27 on March 11, 2025, the Avalanche cryptocurrency price has rebounded impressively, climbing over 35% in just two weeks.

Aptos, a top layer-1 network, is showing resilience even as its token hovers near its lowest level since 2023. The Aptos (APT) token was trading at $5.90 on Tuesday, slightly above the year-to-date low of $4.60.

Arbitrum DAO is reportedly reconsidering its Gaming Catalyst Program (GCP), potentially reclaiming 225 million tokens. The Gaming Catalyst Program aimed to cement Arbitrum's status as a powerhouse in on-chain gaming.

Since its low on March 10th, AVAX has surged to $22.12, posting a 1.30% gain in the last 24 hours, fueling market optimism. The RSI is sitting in the overbought zone (77), while both the MACD and EWO indicate bullish momentum.

Members of the Arbitrum DAO are actively debating whether to revoke funds previously allocated to its gaming ecosystem initiative. The post Arbitrum DAO Debates Revoking Gaming Fund Over Lack of Progress appeared first on Cryptonews.

Members of Arbitrum's decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency. On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst Program (GCP).

A few days ago, Backed Finance announced the launch of the tokens Coinbase Stock (bCOIN) and S&P 500 (bCSPX) on the Avalanche C-Chain network. Thanks to these tokens, eligible DeFi users will be able to gain on-chain exposure to both the S&P500 and Coinbase.

The GCP was approved during a period of exceptionally optimistic projections that, in hindsight, proved unsustainable, the authors argue.

Made in USA cryptos are back in focus as several key tokens show fresh activity heading into the last week of March. Among them are PENGU, AVAX, Pi Network (PI), Official Trump (TRUMP), and RENDER, each drawing attention for different reasons.

Avalanche's AVAX climbed 12% in the last 24 hours, with a 185% spike in daily trading volumes to nearly $400 million.

With Bitcoin (BTC) surging in price on Monday, the rest of the crypto market is also beginning to stir. Solana (SOL), Render (RENDER), and Avalanche (AVAX) are among the leaders of the crypto pack.

SOL, LINK, and SUI are the other notable gainers today.

Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.

The crypto market shows signs of recovery with Ethereum climbing back above the $2,000 level, while several altcoins including Wormhole (W), DIONE, and Magnetix (MAG) post double-digit gains in the past 24 hours. Wormhole (W) has jumped 41.

Base and Arbitrum are the leading layer-2 (L2) blockchains by on-chain activities and revenue generation.

AVAX traders are cautious right now, but might that change soon?

The price of Avalanche (AVAX) has rallied from its low of $15.00 on Feb. 3 to its low on March 10 before rebounding.

The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.

Polkadot (DOT) was also an underperformer, declining 3.7%.

Aptos now ranks as the fourth-largest blockchain by daily active users, with surging stablecoin trading volume and growing DEX sector.

Investment manager VanEck registered a trust company for an Avalanche (AVAX) exchange-traded fund (ETF) in Delaware.

Dubai's financial regulators introduce a tokenization regulatory sandbox within the DIFC, providing crypto firms with a supervised environment to develop and test tokenized assets like equities and bonds. The post Dubai Financial Regulators Launch Tokenization Regulatory Sandbox for Crypto Firms appeared first on Cryptonews.

Dubai financial regulators are opening registrations for crypto firms to participate in the nation's first Tokenization Regulatory Sandbox, starting from March 17 to April 24.