Avalanche definition
Examples of Avalanche in a sentence
The Sponsor shall utilize the Trust-Directed Trade Model for all purchases and sales of Avalanche and will only utilize the Agent Execution Model in the event that no Avalanche Trading Counterparty is willing or able to effectuate the Trust’s purchase or sale of Avalanche.
The Trust also acknowledges that Sponsor may serve as a manager to other investment funds that invest in Avalanche or other digital assets with the same investment objective as the Trust, and the Sponsor or its affiliates may serve as a manager to other investment funds that invest in digital assets.
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director By: ▇▇▇▇▇▇ Digital Assets, LLC, solely in its capacity as Sponsor of ▇▇▇▇▇▇ Avalanche ETF By: /s/ ▇▇▇▇ ▇.
The Trust may also be required to sell Avalanche to pay certain extraordinary, non-recurring expenses that are not assumed by the Sponsor.
Because the Trust may conduct creations and redemptions of Shares for cash, it will be responsible under such circumstances for purchasing and selling Avalanche in connection with those creation and redemption orders.