Bittensor

Avalanche

Grayscale Investments has continued to grow its product portfolio by coming up with the Grayscale Avalanche Trust. This new fund is targeting the accredited investors to assist them to make investment on AVAX, which is Avalanche’s blockchain original token.&nbsp; 
The trust started offering daily subscriptions, believing it could find the same success as previous single-concentration products offered by Grayscale.&nbsp; 
Grayscale’s Avalanche Trust proves that the company is committed to moving forward in the cryptocurrency industry. Rayhaneh Sharif-Askary, head of product and research at Grayscale, discussed the launch. 
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 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfA6K77tge995Cbxmo-_EWJiFyxCCycppHJJS34MeeJFd-7vsdN6TnZvekC_5j1muyVBSIY-PMv_lLb9imT1YH8qfTb08MdBtwtGewDVzAp3JDLKmrU96pkNaVbd27L4RcQxOAHhpf3IOMBUjlhC5ndKUUu?key=60-40J0jd6ayGVWs0RdzoQ" alt="Grayscale Expands to Avalanche">
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 Source: <a href="https://x.com/Grayscale/status/1826605888196804973" target="_blank" rel="noreferrer noopener nofollow">Twitter&nbsp;</a>
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Avalanche was highlighted for its significant involvement in real-world asset tokenization; key partnerships, and multiple-chain architecture. 
Grayscale Investments has broadened its portfolio by adding multiple cryptocurrencies such as Bitcoin, Ethereum, Solana, and Litecoin. Investors can now buy shares that represent holdings in these digital assets, through their investment trusts.&nbsp; 
This method provides an alternative way to gain exposure to cryptocurrencies without directly owning them. 
Furthermore, earlier last month, Grayscale expanded its portfolio by establishing trusts for Bittensor and Sui. This follows a May expansion that included trusts for Near Protocol and Stacks, demonstrating Grayscale’s growing presence in the crypto investment space. 
Grayscale’s latest venture into Avalanche Trust underscores its strategy to deepen investor access to emerging technologies within the cryptocurrency landscape. As the crypto market evolves, Grayscale continues to offer diversified pathways for investor engagement in this dynamic field. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/08/13/grayscale-launches-makerdao-trust-mkr-sees-5-increase/" target="_blank" rel="noreferrer noopener">Grayscale Launches MakerDAO Trust, MKR Sees 5% Increase</a> 
</blockquote>

Grayscale Expands Crypto Portfolio with Avalanche Trust

The Crypto Times

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