SECURITIES AND EXCHANGE COMMISSION ISSUES NOTICE: SELF-REGULATORY ORGANIZATIONS; THE NASDAQ STOCK MARKET LLC; NOTICE OF DESIGNATION OF A LONGER PERIOD FOR COMMISSION ACTION ON PROCEEDINGS TO DETERMINE WHETHER TO APPROVE OR DISAPPROVE A PROPOSED RULE CHANGE TO LIST AND TRADE SHARES OF THE GRAYSCALE AVALANCHE TRUST (AVAX) UNDER NASDAQ RULE 5711(D) (COMMODITY-BASED TRUST SHARES)

WASHINGTON, Sept. 30 -- Securities And Exchange Commission has issued a notice called: Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the Grayscale Avalanche Trust (AVAX) Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares).

The notice was published in the Federal Register on Sept. 30 by Sherry R. Haywood, Assistant Secretary.

The full text of the notice can be found at: http://www.gpo.gov/fdsys/pkg/FR-2025-09-30/html/2025-18964.htm

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