The launch comes only a few weeks after Grayscale rolled out its most recent fund, the Grayscale Avalanche Trust, offering investors exposure to the AVAX (AVAX) token. The asset manager currently offers over 20 different crypto investment products, a number that has grown after the launch of the spot bitcoin exchange-traded funds (ETFs) in January, which spurred interest for publicly tradable products tracking cryptocurrencies.

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Author: Helene Braun