AVAX eyes $12.3 as Grayscale launches the Avalanche staking ETF

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Avalanche (AVAX) is up by nearly 4% in the last 24 hours and is now trading around $10. The positive performance comes as Bitcoin, Ether, and XRP also recorded gains during that period. Furthermore, Grayscale launched its Avalanche Staking ETF, allowing investors to gain exposure to AVAX while also enabling participation in the network’s staking process. The derivatives data support a bullish bias as AVAX targets a new monthly high above the $12 psychological level. Grayscale launches its GAVA ETF Grayscale, one of the leading digital asset investment firms, announced on Thursday that it has launched the Grayscale Avalanche Staking ETF on the NASDAQ stock exchange. https://twitter.

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Telemac
Telemachttp://cryptoinfo.ch
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