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Avalon Labs has announced that it will apply to the US SEC for the first Bitcoin Bond ETF.

2025.02.12 15:10:23

On February 12th, as per the report from Cointelegraph, Avalon Labs declared that it is actively engaged in exploring the application to the U.S. Securities and Exchange Commission (SEC) for the industry's first Bitcoin-backed Debt Exchange Traded Fund (ETF) listing. This move aims to promote the compliance and popularization of Bitcoin financial products. It is anticipated that this initiative will lower the barrier for Bitcoin financial products to enter the mass market and offer a new avenue for the crypto industry to move towards the mainstream financial system. It is reported that the co-founder of Avalon Labs successfully issued a USD-denominated Debt ETF approved by the SEC in 2021 and has been conducting research on the feasibility of issuing ETFs for crypto companies for several years. Avalon Labs stated that it intends to collaborate with a top U.S. law firm to evaluate the fund's compliance framework and prepare the relevant application materials. If successful, the fund is expected to serve as an important milestone for Bitcoin financial products to enter the traditional capital market, further propelling the development of crypto assets within a regulatory framework.
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