'Ethereum Killer' Avalanche Becomes Market's Best Performer After Grayscale Launches Investment Fund Tracking AVAX
Portfolio Pulse from Aniket Verma
Avalanche (AVAX) surged over 13% after Grayscale Investments launched a new investment fund tracking the cryptocurrency. This move, along with Franklin Templeton's expansion into Avalanche's network, has increased interest in AVAX, making it the market's best performer.
August 23, 2024 | 3:58 am
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Grayscale Investments launched a new fund tracking Avalanche (AVAX), boosting AVAX's market performance. This could enhance Grayscale's reputation and attract more investors to its crypto offerings.
The launch of the Grayscale Avalanche Trust has directly contributed to the surge in AVAX's price, indicating strong investor interest. This move could enhance Grayscale's position in the crypto investment space.
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