On March 29, Nate Geraci, president of The ETF Store, posted on the X platform that as Nasdaq submitted Form 19b-4 application for Grayscale Avalanche ETF, currently the altcoin ETF submitted to the U.S. Securities and Exchange Commission has covered 11 types, including: XRP, SOL, DOGE, ADA, AVAX, SUI, HBAR, DOT, LTC, APT and AXL. It is reported that VanEck has also registered the Avalanche ETF before, and AVAX is currently the 15th largest digital asset based on market value.