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News3 months ago

Bitwise Joins ETF Race With Avalanche Filing as Institutions Bet Beyond Bitcoin

Shares of the ETF are expected to list on a U.S. exchange under a ticker symbol yet to be disclosed. According to the filing, issuance and redemption will occur in blocks of 10,000 shares, known as baskets, settled either in cash or in Avalanche itself. The structure allows investors to gain direct exposure to AVAX without the complexities of managing wallets or private keys.

News3 months ago

Polymarket Eyes $9B Valuation After CFTC Nod and Election Bet Boom

The surge reflects both a regulatory shift and booming user activity. Earlier this year, the U.S. Commodity Futures Trading Commission (CFTC) gave Polymarket the green light to operate domestically. The decision marked a sharp reversal from 2021, when the agency barred the platform from offering event contracts in the United States.

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