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

TheNewsCrypto2026-01-27 tarihinde yayınlandı2026-01-27 tarihinde güncellendi

Özet

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

TagsAvalanche (AVAX)ETFVanEck

İlgili Sorular

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.

İlgili Okumalar

US Banking Regulator Chief Gould: Opening Doors to Crypto, Also Drawing Fire

Jonathan V. Gould, the head of the U.S. Office of the Comptroller of the Currency (OCC), is driving a significant shift in banking regulation by advocating for the integration of cryptocurrency and digital asset activities into the federally supervised banking system. With a background spanning Congress, financial consulting, and crypto industry roles—including a stint as chief legal officer at Bitfury—Gould believes that banks should not exclude new technologies but instead manage risks through clear, legally grounded, and technologically neutral supervision. Under his leadership, the OCC has issued interpretive letters allowing national banks to engage in certain crypto activities like digital asset custody, stablecoin services, and distributed ledger participation. Gould has also overseen conditional approvals for crypto firms such as Circle and Ripple to become national trust banks, bringing them under federal oversight. His approach emphasizes that digital assets should be regulated within the banking system to ensure safety, transparency, and compliance—not in a regulatory vacuum. However, Gould faces criticism from both traditional banking groups, who fear regulatory arbitrage and increased systemic risk, and Democratic lawmakers like Elizabeth Warren, who question potential conflicts of interest and the independence of the licensing process. Despite the pushback, Gould maintains that his strategy is about modernizing regulation—not eliminating risks, but managing them within a structured framework. His actions position him as a central figure in shaping how the U.S. financial system adapts to technological innovation.

marsbit14 dk önce

US Banking Regulator Chief Gould: Opening Doors to Crypto, Also Drawing Fire

marsbit14 dk önce

Dialogue with Robinhood VP: A Large Number of Users Buy the Dip, AI is Just a Tool

In a podcast interview, Robinhood's VP of Crypto and GM of International, Johann Kerbrat, discussed key trends and company strategies. He noted that during recent market volatility, many users bought the dip, highlighting Bitcoin's resilience and the advantage of 24/7 crypto trading. Robinhood is expanding its 24x5 equity trading to better serve global users and news-driven activity. The platform integrates stocks, crypto, options, futures, and prediction markets, allowing users to cross-utilize assets and create complex strategies, including hedging. Kerbrat emphasized accessibility and education over judging products. AI is heavily utilized internally for code generation, compliance, and market summaries (e.g., Cortex feature), accelerating development and personalization for international expansion. Robinhood is building an Ethereum L2 chain to enhance real-world asset (RWA) tokenization, aiming for instant settlement and 24/7 trading, currently testing with 2000 tokenized stocks in the EU under MiCA regulations. The recent Bitstamp acquisition expands institutional services like liquidity provision and white-label crypto solutions. Stablecoin usage on Robinhood is primarily for on/off-ramping and institutional settlements. The company joined the Global Dollar Network (USDG) to share stablecoin yields with users. Kerbrat sees AI as a tool to enhance, not replace, jobs, and highlights new family banking products for financial education and wealth transfer. Competition with rivals like Coinbase benefits consumers through lower fees.

marsbit45 dk önce

Dialogue with Robinhood VP: A Large Number of Users Buy the Dip, AI is Just a Tool

marsbit45 dk önce

İşlemler

Spot
Futures
活动图片