Why Did Avalanche (AVAX) Price Not Rise After VanEck March 2025 ETF Filing?

Jakarta, Pintu News – VanEck recently filed S-1 documents with the US Securities and Exchange Commission (SEC) to launch the Avalanche Exchange-Traded Fund ETF->Current ETF PriceRp 0Market Cap-Trading Volume-Circulating Supply- AVAX->Current AVAX PriceRp 0Market Cap-Trading Volume-Circulating Supply-. If approved, this ETF will allow traditional investors to gain exposure to AVAX without having to purchase the asset directly.

Historically, ETF filings for crypto assets such as Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- and Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply- have often triggered significant price spikes. However, in the case of AVAX, the price has remained stagnant, raising the question of whether the market had already priced in this development beforehand or if there were other factors hindering the price increase.

Why AVAX Doesn’t React to ETF News?

1. Still Bearish Price Trend

Currently, AVAX is trading at around IDR302,831 ($18.57) without any significant spike after the ETF announcement. Technically, AVAX is still in a downtrend, with prices below its 50-day moving average (IDR349,961 or $21.47) and 200-day moving average (IDR541,460 or $33.20).

In addition, the Relative Strength Index (RSI) stands at 43.75, which shows that AVAX is neither overbought nor oversold. This indicates a lack of significant buying pressure, even after the ETF news.

Also Read: Ethereum Prediction: Recovery or Bearish Signal? Here’s the Mid-March 2025 Technical Analysis!

2. Market Already Factoring in ETF News?

One other possibility is that investors have priced in these ETF filings in advance. With more crypto ETFs appearing in recent months, enthusiasm for new filings may have started to wane.

In addition, Bitcoin’s growing dominance has put many altcoins, including AVAX, under selling pressure. Investors may prefer to wait for reassurance from the SEC before reacting to this news.

3. Fund Flows in ETFs Are Still Weak

The latest data shows that outflows from crypto ETFs reached IDR1.72 trillion ($106.10 million) on March 14, indicating that institutional investors are still cautious. In the past week, outflows totaled IDR7.06 trillion ($433.35 million), reinforcing the market’s risk-averse sentiment.

However, in the long term, ETF net fund flows are still positive with a total of IDR7.34 trillion ($450.17 million) in the past three months. This shows that despite the current uncertainty, long-term interest in digital assets remains.

What’s Next for AVAX?

In order for AVAX to break out of this stagnation, an additional catalyst besides the ETF filing is needed. If the price manages to break the IDR350,000 ($21.50) level, this could be an early signal that bullish momentum is starting to re-establish. Conversely, if AVAX fails to maintain its current support level, selling pressure could increase further.

Investors will continue to watch developments from the SEC as well as institutional fund movements before making any major decisions regarding AVAX. For now, the altcoin is still in a wait-and-see phase, with potential price spikes depending on overall market sentiment.

Also Read: XRP Predictions and Impact on Crypto Market: 8% Drop After Positive Trend March 2025

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• AMB Crypto. Examining Why AVAX’s Price Didn’t React to VanEck’s ETF Filing. (Accessed March 17, 2025).
• Featured Image: The Cryptonomist