VanEck Debuts First U.S.-Based Avalanche ETF as AVAX Stays Under Pressure

TheNewsCryptoPublicado em 2026-01-27Última atualização em 2026-01-27

Resumo

VanEck launched the first U.S.-listed Avalanche ETF (VAVX) on January 26, offering direct exposure to AVAX and staking rewards. Despite this, AVAX remained under pressure, trading below $12 with a weekly decline of nearly 7%. The fund will waive fees for the first $500 million in assets until February 28, 2026, and can stake up to 70% of its holdings, potentially reducing market supply. Currently priced at $11.77, AVAX shows weak momentum with a declining trading volume. Key support lies at $11, while a break above $13 could lead to a move toward $14–$15.

Asset Manager VanEck launched the first U.S.-listed Avalanche ETF on January 26, and the product began trading on Nasdaq under the ticker VAVX, offering direct exposure to AVAX along with staking rewards. Despite this, AVAX continued under pressure, trading below $12 and experiencing a weekly fall of almost 7%.

During the period of VanEck Avalanche ETF from January 26, 2026, to February 28, 2026, VanEck will waive the entire Fee for the first $500 million of the assets. If the Trust’s assets exceed $500 million before February 28, 2026, the Fee charged on assets over $500 million will be 0.20%, as per the document.

In addition, the fund can stake up to 70% of its AVAX holdings, which could lock a meaningful portion of supply and reduce tokens available on the open market if demand holds up.

AVAX Price Analysis

With that, AVAX price is currently trading at $11.77, with 1.11% up today. Despite the modest daily bounce, the 24-hour trading volume is declining more than 20%, as it is down nearly 8% over the past month, as of writing.

Then, the open interest climbed 10.43% to $492 million, which indicates that traders are opening new positions despite slowing trading volume, as per Coinglass data. Which is a phase that could lead to a sharper price move once AVAX breaks out of its current range.

AVAX is trading around the $11.50-$12.00 support zone, and the overall trend is staying bearish as prices continue to create lower highs and lower lows.

Further indicators, RSI (Relative Strength Index), which is sitting at 39, a neutral zone, indicate a weak momentum. Meanwhile, MACD (Moving Average Convergence and Divergence) is showing strong selling pressure, as confirmed by the MACD line being below the signal line.

The price has immediate support at $11, with a further pullback potentially exposing the $10; while on the upside, a clear push above $13.00 might allow the price to stretch beyond the $14.00-$15.00 range.

Highlighted Crypto News Today:

‌US Wall Street Indexes Close Higher as Crypto Market Maintains its Trade Price

Perguntas relacionadas

QWhat is the name and ticker symbol of the first U.S.-listed Avalanche ETF launched by VanEck?

AThe ETF is called the VanEck Avalanche ETF and it trades on the Nasdaq under the ticker symbol VAVX.

QWhat is the fee waiver period and condition for the new VanEck Avalanche ETF?

AVanEck will waive the entire fee for the first $500 million of assets from January 26, 2026, to February 28, 2026. Assets over $500 million will be charged a fee of 0.20%.

QWhat percentage of its AVAX holdings can the VanEck ETF stake, and what potential market effect could this have?

AThe fund can stake up to 70% of its AVAX holdings. This could lock a significant portion of the supply and reduce the number of tokens available on the open market if demand holds up.

QAccording to the price analysis, what are the key technical indicators suggesting about AVAX's momentum?

AThe RSI at 39 indicates weak momentum in a neutral zone. The MACD shows strong selling pressure, confirmed by the MACD line being below the signal line.

QWhat are the identified critical support and resistance levels for the AVAX price?

AThe price has immediate support at $11, with a further pullback potentially exposing the $10 level. On the upside, a clear push above $13.00 could allow the price to move toward the $14.00-$15.00 range.

Leituras Relacionadas

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

SK Group Chairman Chey Tae-won's high-profile divorce case, involving a record 1.38 trillion won settlement, has drawn attention to the succession plans for Korea's second-largest conglomerate, especially its crown jewel, SK hynix. Unlike traditional chaebol scripts centered on the eldest son, Chey's three children from his marriage to former President Roh Tae-woo's daughter, Roh Soh-yeong, are carving distinct, non-traditional paths. Eldest daughter Chey Yun-jung (b. 1989) is seen as the most evident successor. With a scientific and consulting background, she holds executive roles at SK bioscience and SK Inc.'s growth support department, focusing on future strategy and biopharma. Her marriage is to an AI infrastructure entrepreneur, not a traditional business alliance. Second daughter Chey Min-jung (b. 1991) took a unique route, voluntarily serving as a South Korean naval officer, including an anti-piracy deployment. She later worked on policy and strategy for SK hynix in Washington D.C. before co-founding an AI-driven healthcare startup. She married a former U.S. Marine Corps officer, connecting her to U.S. defense and policy circles—networks crucial for a global semiconductor giant. The only son, Chey In-geun (b. 1995), who studied physics like his father, worked briefly at SK E&S before joining McKinsey. Despite fitting the traditional "heir" profile as the eldest son, he remains silent and holds no public position or shares in SK, suggesting the old succession playbook is obsolete. As SK hynix's valuation soars, becoming a geopolitical asset in the AI era, the heirs' legitimacy is no longer automatic. They must prove themselves in fields like AI biotech, global policy, and strategic consulting. Their marriages also reflect new elite networks in tech and defense, not old political alliances. Their inheritance is the complex challenge of navigating a globalized, tech-driven world, not just a corporate throne.

marsbitHá 10h

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

marsbitHá 10h

Banks oppose stablecoin yield deal – Can CLARITY Act find 60 votes?

The Bank Policy Institute (BPI) has opposed the latest draft of the CLARITY Act, criticizing its provisions on stablecoin yield and illicit finance. The banking industry sought a total ban on stablecoin yield, but the bill's compromise only prohibits passive yield on idle balances. This opposition has influenced lawmakers, reducing tentative Republican Senate support to potentially 49 votes. With the 60-vote threshold needed, securing sufficient Democratic support appears difficult as some pro-crypto Democrats also oppose the bill due to ethics and illicit finance concerns. Senate Majority Leader John Thune expressed doubt the bill can pass before the August recess. Market odds for the bill's passage in 2026 have fallen, leaving its future uncertain.

ambcryptoHá 10h

Banks oppose stablecoin yield deal – Can CLARITY Act find 60 votes?

ambcryptoHá 10h

2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

Stripe is reportedly in talks to acquire AI model marketplace OpenRouter for a price nearing $10 billion, a dramatic increase from its $1.3 billion valuation just two months prior. The deal, which could be announced within a month, would see the payment giant absorb a key "router" or aggregation layer in the AI infrastructure stack. OpenRouter provides developers with a single API to access over 400 large language models (LLMs), automatically routing queries to the most suitable model based on cost, capability, and speed. This allows AI applications to optimize expenses while maintaining user experience. Founded in 2023 by ex-OpenSea co-founder Alex Atallah and Louis Vichy, OpenRouter has grown rapidly, reaching $50 million in annualized revenue by April and serving over one million developers. For Stripe, the acquisition of OpenRouter follows its late-2025 purchase of usage-based billing platform Metronome. The combined strategy aims to create an integrated suite for the AI economy: OpenRouter would handle model selection and routing, Metronome would manage granular usage-based billing, and Stripe's core platform would process payments. This positions Stripe to control a critical part of the AI application value chain, influencing which models get used while simplifying cost management for enterprise customers.

链捕手Há 11h

2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

链捕手Há 11h

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

From OpenSea to OpenRouter: Is Alex Atallah Repeating His "Exit at the Peak" Playbook? According to the Wall Street Journal, payments giant Stripe is in talks to acquire the AI model aggregation platform OpenRouter in a potential deal valuing the company near $100 billion. This would mark founder Alex Atallah's second creation of a company reaching a $100 billion valuation, following his co-founding of NFT marketplace OpenSea. OpenRouter, founded just over three years ago, has grown rapidly by acting as a unified gateway for developers to access over 400 AI models. It currently has about 10 million users and processes over 200 trillion tokens monthly. While the platform's annualized revenue is around $50 million, its valuation has skyrocketed from $1.3 billion in March 2026. The potential acquisition by Stripe, a company OpenRouter's founder once likened it to, represents a major expansion into AI infrastructure for the payments leader. This move echoes Atallah's previous timing with OpenSea, where he departed before the NFT market's significant downturn. For OpenRouter, selling now may be strategic. Despite its scale, its business model—charging a 5-5.5% fee on AI inference calls—faces pressure from competition, open-source models, and potential price wars among model providers, limiting its profitability narrative for an IPO. A key asset for potential acquirers like Stripe is OpenRouter's vast repository of real-world AI usage data, which offers unique insights into model performance and developer preferences that are difficult to replicate. Whether this potential deal signifies a new valuation benchmark for AI infrastructure or another market peak signal remains to be seen.

链捕手Há 11h

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions

Pons, a key launchpad on Robinhood Chain, has launched its V2 upgrade. The update aims to boost liquidity, remove trading restrictions for most users via an ETH-denominated bonding curve, and introduces support for custom tokenized real-world asset (RWA) trading pairs. This aligns with Robinhood Chain's broader RWA focus. The upgrade also allows creators to collect fees in ETH by default. The network itself is growing rapidly, surpassing $300 million in Total Value Locked. Its cumulative DEX volume has exceeded $9 billion, with about 80% coming from speculative memecoin trading. However, data shows 63% of traders are at a loss, with profits concentrated in a small number of wallets. The introduction of RWAs could help drive more organic adoption for the chain, which is positioning itself as a major player for speculative trading, challenging networks like Base and Solana.

ambcryptoHá 11h

Trading

Spot