Grayscale Avalanche Trust
On 20 August 2024, Grayscale created a Grayscale Avalanche Trust, a security that tracks the value of Avalanche coin (AVAX) on the market price. From this security form, investors can get exposure to AVAX coin without the hassle of buying, storing, and even safekeeping the AVAX directly. For this security, Grayscale will charge a 2.5% management fee, with the current price of a share as of this writing at $13.34.
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