VanEck Files for Avalanche ETF – Will AVAX Price Hit $25

Share This Post

AVAX Price Surge

The post VanEck Files for Avalanche ETF – Will AVAX Price Hit $25 appeared first on Coinpedia Fintech News

After Solana, XRP, and Cardano, Avalanche has now joined the race for ETF approval. Recently, VanEck, a well-known investment firm, filed for the VanEck Avalanche ETF with the U.S. SEC in Delaware. This raises the question—can this filing help AVAX recover from the recent market crash?

VanEck Files for Avalanche ETF

VanEck, a leading asset management company, has taken a major step by registering the Avalanche ETF Fund in Delaware. This filing, made on March 10, 2025, has been confirmed through official records, showing VanEck’s strong interest in launching an investment product focused on Avalanche.

Although details about the ETF’s structure, investment strategy, and launch date are still unknown, this registration marks an important milestone. 

If approved, the ETF would allow investors to gain exposure to Avalanche without needing to directly own AVAX, its native token.

Avalanche’s Big Role In Tokenization

The decision to file for an Avalanche ETF is not random. Avalanche has been making strong progress in the world of tokenization, gaining recognition for its role in financial markets. 

Big names like JPMorgan and Mastercard are already working with Avalanche on blockchain projects, focusing on areas like portfolio management and digital asset innovation.

JPMorgan, in particular, has been integrating its Onyx platform with Avalanche’s permissioned Evergreen Subnet. This partnership shows the blockchain’s potential to reshape financial systems and attract more institutional players to its network.

AVAX Need To Hold $15 Level

The recent crypto market crash pushed AVAX down to its lowest level since August, dropping to $15. However, unlike many other cryptocurrencies still struggling, AVAX has shown some recovery.

A quick ETF filing by VanEck could restore market confidence in AVAX, potentially driving its price higher. However, AVAX is currently following a declining trendline, creating a bearish trading pattern.

If AVAX manages to hold the $17 resistance level and continues its upward movement, it could break past the $20 resistance and surge toward $25. On the other hand, if it fails to hold this level, a pullback to $15 is likely.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?

The post Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1 appeared first on Coinpedia Fintech News Story Highlights The price of Dogecoin today is Dogecoin price may reach a

Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2?

The post Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2 appeared first on Coinpedia Fintech News Story Highlights The live price of the Cardano token is ADA coin price could

Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next?

The post Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next appeared first on Coinpedia Fintech News Story Highlights Solana Price Today is Solana price could reach a

Crypto.com Expands UAE Footprint With License to Offer Derivatives

Cryptocom has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward

Binance Coin Price Prediction 2025, 2026 – 2030: Will BNB Hit $1000?

The post Binance Coin Price Prediction 2025, 2026 – 2030: Will BNB Hit $1000 appeared first on Coinpedia Fintech News Story Highlights Binance Coin Price Today is The BNB price prediction

Vermont withdraws action against Coinbase, awaits SEC’s regulatory clarity

Vermont has officially withdrawn its legal action against Coinbase, which accused the crypto exchange of offering unregistered securities through its staking program In a court filing on March 13,