
SEC Puts Grayscale Avalanche ETF on Ice, Pushing Decision to July
The U.S. Securities and Exchange Commission (SEC) has once again tapped the brakes on the crypto industry’s push into mainstream finance, delaying its verdict on Grayscale’s proposed spot Avalanche (AVAX) exchange-traded fund (ETF). The regulator has pushed the decision deadline to early July, leaving investors and the broader market in