Jakarta, Pintu News – On Monday, VanEck officially launched the first Avalanche ETF (AVAX) in the United States. With the ticker code VAVX, this ETF provides investors with the opportunity to gain exposure to the Avalanche token.
This move is in line with VanEck’s efforts to continue expanding its product portfolio in the cryptocurrency market. The fund is designed to track the performance of AVAX, including returns from staking that may affect its performance.
Unlike other crypto ETFs, the VanEck Avalanche ETF is planned to be listed on Nasdaq using existing generic listing standards. This approach allows the fund to avoid a separate filing to amend SEC regulations, making the launch process smoother.
This product is structured to passively follow the price of AVAX as well as the staking returns that the token may earn.
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According to the official announcement, the VAVX ETF began trading with the elimination of sponsor fees for funds up to $500 million or until February 28, 2026. After the fee-free period ends, VanEck Digital plans to charge 0.2%.
“We are excited to launch VAVX to provide investors with transparent access through exchange-traded instruments to a network that we believe will drive the next phase of institutional adoption of blockchain,” said Kyle DaCruz, Director of Digital Asset Products at VanEck.
The strategic launch of VAVX in the United States coincides with the rapid development of the DeFi ecosystem on the Avalanche blockchain. Based on market data from DeFiLlama, the total value locked (TVL) jumped dramatically throughout 2025 and now stands at around 91.92 million AVAX.

Since the passage of the Genius Act in the US, the supply of stablecoins on the Avalanche network has also increased rapidly to over $1.65 billion.
After the strategic launch of VAVX on NASDAQ today, the price of AVAX rose by 2% and is trading at around $11.74 at the time of writing. However, the mid-cap altcoin with a market value of around $5 billion is not completely out of the woods yet.
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From a technical analysis point of view, the price of AVAX is expected to retest the support level around $9.3. In addition, the AVAX/USD pair was recently rejected at around $15, which was previously a strong support level in 2026.
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