In the fast-evolving world of cryptocurrency, the introduction of exchange-traded funds (ETFs) has been a significant development. Among the latest additions to this trend is the VanEck Avalanche ETF, which is part of a series of funds proposed in recent months to track alternative coins, also known as altcoins.

Altcoins are any digital currencies other than Bitcoin, the original and most well-known cryptocurrency. While Bitcoin remains the dominant player in the market, altcoins have been gaining popularity and acceptance among investors and traders for their innovative features and potential for high returns.

The VanEck Avalanche ETF is designed to specifically track the performance of Avalanche (AVAX), a relatively newer but rapidly growing altcoin. Avalanche is a blockchain platform that aims to

Source: https://decrypt.co/314346/nasdaq-files-vaneck-avalanche-etf