Avalanche (AVAX) price surges after AVAX dedicated investment trust launch

Avalanche’s (AVAX) price has rallied over 10% today following the news of the launch of Valkyrie, a prominent digital asset manager, and the increasing interest in Avalanche among institutional investors. 
At the time of writing, AVAX was trading at $67.25, up 10.91% after hitting a one-week high of $67.35 and the 11th largest cryptocurrency by market cap.
Valkyrie’s announcement 
On Wednesday, Valkyrie announced the launch of an investment trust dedicated to AVAX. With the