Grayscale Investments has recently launched the Grayscale Avalanche Trust, expanding its portfolio of crypto investment products.
The trust is designed to offer accredited investors exposure to AVAX, the native token of Avalanche’s blockchain network.
According to Grayscale, the trust operates similarly to their existing single-asset investment products, with a focus solely on AVAX.
This new trust is now open for daily subscriptions and is the latest addition to Grayscale’s series of investment trusts that provide exposure to various cryptocurrencies like Bitcoin, Ethereum, and more.
The firm believes that the launch of the Grayscale Avalanche Trust showcases their commitment to providing investors with innovative opportunities to access developments in the crypto ecosystem.
