Bitwise has filed with the SEC to launch an Avalanche ($AVAX) ETF

The post from Cointelegraph announces Bitwise Asset Management’s S-1 filing with the SEC on September 15, 2025, to launch a spot Avalanche ($AVAX) ETF, marking a significant step toward institutional adoption of Avalanche’s high-speed blockchain, which processes up to 4,500 transactions per second compared to Bitcoin’s 7, as per Avalanche’s official documentation.

This filing aligns with a trend of increasing ETF proposals for altcoins, following VanEck and Grayscale’s earlier submissions in 2025, and reflects Avalanche’s growing ecosystem, bolstered by a recent Visa partnership for stablecoin settlements, a move validated by Visa’s public blockchain integration announcement on September 10, 2025.

The AVAX price surge past $30, up 10% on the filing day and 20% week-over-week per CoinMarketCap data, suggests market anticipation of regulatory approval, though historical SEC delays in crypto ETF decisions (e.g., Bitcoin ETF approval took over a decade) indicate potential hurdles ahead.

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