PANews reported on March 15 that VanEck has submitted an S-1 application to the SEC to launch the Avalanche ETF. The application document stated: "The investment objective of the trust is to reflect the price performance of the Avalanche network's native token 'AVAX' minus the cost of trust operations."

Earlier news , according to Delaware company registration information, VanEck registered the "VanEck Avalanche ETF" on March 10, 2025. The company type is Statutory Trust and the registered agent is CSC Delaware Trust Company.