Grayscale Eyes Avalanche ETF—Experts Say AI Crypto Like Ozak AI Could Be the Next Institutional Favorite!
The post Grayscale Eyes Avalanche ETF—Experts Say AI Crypto Like Ozak AI Could Be the Next Institutional Favorite! appeared on BitcoinEthereumNews.com.
Grayscale has filed for a spot Avalanche ETF with the SEC, aiming to expand its crypto offerings to institutional markets. Meanwhile, Ozak AI (OZ) is emerging as a new AI powered crypto that experts believe will transform into the next institutional choice for exposure in a similar way to Avalanche. Grayscale Seeks SEC Approval To List Spot Avalanche ETF On Nasdaq Grayscale filed with the SEC on March 27 to list its spot Avalanche ETF on Nasdaq. The application proposes converting the existing Avalanche Trust into a listed ETF. The product, launched in August 2024, currently manages $1.7 million and charges a 2.5% annual fee. https://x.com/Billion_Crypto1/status/1905598316815208523 The ETF would offer exposure to AVAX through conventional brokerage platforms. Coinbase Custody would handle custody, while BNY Mellon oversees administration. CSC Delaware Trust Company would act as trustee. The fund aims to track AVAX using a benchmark index provided by CoinDesk Indices. Ozak AI Gains Attention in the Crypto Space Ozak AI is quickly becoming one of the frontrunners in the space where AI is implemented in the crypto field. The project uses real-time data processing and machine learning to aid decision making in fast markets. The platform incorporates a design that enables the development of precise predictive analysis by deploying customizable agents. These models can be adjusted to fit diverse trading strategies and use cases. In addition, Ozak AI’s infrastructure consists of the Ozak Stream Network (OSN) for low-latency data handling. It also entails Decentralized Physical Infrastructure Networks (DePIN) for better efficiency and system reliability. The setup allows enterprises to adopt AI and blockchain in one platform without centralized control. Ozak AI’s technology works across various sectors but strongly aligns with financial tools. It seeks to help institutions navigate complex data using AI without risking data security. The platform allows for the…
Filed under: News - @ March 30, 2025 11:28 am