2025-18964Notice

SEC Puts Brakes on Grayscale's Avalanche Crypto Trust Trading

Published Date: 9/30/2025

Notice

Summary

The SEC is taking more time to decide if Nasdaq can list and trade shares of the Grayscale Avalanche Trust (AVAX), a new crypto-based investment. This affects investors and traders interested in AVAX shares, as the decision could impact when and how they can buy or sell these shares. The SEC’s review period has been extended, so expect a final call later than originally planned.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

SEC extends AVAX listing decision deadline

The Securities and Exchange Commission extended the time to decide whether Nasdaq can list and trade shares of the Grayscale Avalanche Trust (AVAX). The original 180-day deadline was October 13, 2025; the Commission extended the review by 60 days and set a new decision date of December 12, 2025. If you plan to buy or sell AVAX shares on Nasdaq, expect a final decision by December 12, 2025.

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Key Dates

Effective Date
Published Date
9/25/2025
9/30/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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