- VanEck’s Avalanche ETF registration boosts speculation of price recovery and future spot ETF filing for broader market adoption.
- Avalanche sees user growth and partnerships with JPMorgan and Mastercard, potentially driving future price performance and market acceptance..
VanEck has officially registered an Avalanche ETF in Delaware, raising belief about the likelihood of the altcoin’s recovery and setting the stage for a possible spot ETF filing. This move is part of a broader trend where asset managers are increasingly dealing with the changing regulatory environment of crypto ETFs.
With Avalanche gaining traction in tokenization and partnerships with industry giants like JPMorgan and Mastercard, the latest filing fuels speculation that Avalanche’s price could soon rebound.
On March 10, 2025, VanEck took a step by registering the “VANECK AVALANCHE ETF” in Delaware. The registration details were filed as a statutory trust with CSC Delaware Trust Company, showing the firm’s devotion to expanding its crypto offerings.
This filing follows VanEck’s earlier push for a Solana ETF earlier in the year, confirming their interest in digital assets beyond Bitcoin. Analysts are now speculating that the next step could be a full-fledged filing for a spot Avalanche ETF, which could pave the way for more mainstream acceptance and integration of Avalanche into traditional finance.
The timing of this move is major given the changing situation at the U.S. Securities and Exchange Commission (SEC), which, under the new administration’s leadership, has shown increased openness to approving crypto-related financial products. As such, there is growing optimism that the regulatory environment may soon be favorable for the launch of spot crypto ETFs, including those for Avalanche.
AVAX Price Activity Amid Market Fluctuations
Following this report, Avalanche’s price has recently seen fluctuations, experiencing a dip to $15 before recovering to $17.11. This surge has been accompanied by a marked increase in trading volume, which rose by 97%, reaching $715 million daily. Despite a 6.15% decline over the past 24 hours, the increased interest in AVAX highlights investor sentiment and growing attention toward the token.
However, the Avalanche market remains volatile, with prices rising to around $18.22 before settling back at $17.11. The market capitalization currently stands at $7.09 billion, with a circulating supply of 414.25 million AVAX. This volatility, coupled with VanEck’s ETF filing, has led many to believe that AVAX’s recovery may continue if further changes unfold.
Increasing Adoption and User Growth
Avalanche’s network has been experiencing growth in terms of new users. In Q1 2025, Avalanche saw a 120% increase in new users, leading to 45,000 new users by March. This expansion is notable as Avalanche has made strides in tokenization, collaborating with companies like JPMorgan and Mastercard, which could play a key role in its future price performance.
In addition to the user growth, VanEck’s prior success with the Solana ETF shows the potential for Avalanche to follow a similar trajectory. If VanEck continues to pursue the spot ETF filing for Avalanche, it could solidify the coin’s position in the broader financial market, potentially driving further price increases.
