The world investment company Vaneck has just registered a negotiated stock market (ETF) Avalanche in the state of Delaware, thus becoming one of the first transmitters to prepare the ground for an ETF SPOT AVAX. This initiative paradoxically occurs in a context of a sharp drop in the Avax token, which has lost more than half of its value since January 2025.
Vaneck is positioned on avalanche despite the fall in the market
The Vaneck investment firm officially recorded on March 10, 2025 a new investment product called “Vaneck Avalanche ETF” in Delaware, according to public documents available on the government site of this American state.
This deposit, made under number 10125689, was formalized as a fiduciary service company, according to the same legal structure as the previous ETF Crypto de Vaneck.
This approach comes in a particularly unfavorable environment for Avalanche, whose Avx native token has undergone a depreciation of 55 % since the start of the year.
This performance contrasts clearly with that of Bitcoin, which fell only 17 % over the same period, according to data de Coingecko. Avax is currently negotiating around $ 17.61, far from its historical heights.
The recording of an ETF dedicated to Avalanche nevertheless testifies to Vaneck's confidence in the long -term potential of this asset, despite its current volatility. This first administrative step could announce a formal deposit with the Securities and Exchange Commission (SEC) in the coming months, although no precise date has yet been communicated by the company.
A fourth active crypto in Vaneck's ETF strategy
With this new recording, Avalanche becomes the fourth active crypto for which Vaneck is preparing an ETF dedicated to the United States, after Bitcoin, Ethereum and Solana. This strategy confirms Vaneck's position as one of the pioneers in the development of ETF Crypto.
Let us recall that the company was among the first issuers to obtain the approval of an ETF Bitcoin Spot in January 2024, and that it had already filed a request forETF Solana with the SEC in June 2024.
Launched in 2020 by the Ava Labs team, led by Professor Emin Gün Siress, Avalanche has established itself as a leading blockchain platform, designed to compete with Ethereum in terms of speed and scalability.
Its technology allows the deployment of decentralized applications and intelligent contracts on a particularly efficient multi -high architecture. Currently, AVAX occupies 20th place in the classification of cryptocurrencies by market capitalization, with a total value of around 7 billion dollars.
To date, Vaneck seems to be the first transmitter to specifically record an ETF dedicated to Avalanche in the United States. However, his competitor Grayscale had already expressed his interest in this asset in October 2024, by filing with the SEC a request for conversion of his multi-divest fund-including Avx and four other cryptos-in one ETF.
Vaneck's initiative to record an Avalanche ETF represents an important strategic bet in the crypto investment landscape. Despite Avox's disappointing performance in 2025, this approach is part of a broader trend in institutionalization of the Crypto market, accelerated by the pro-Crypto approach to the Donald Trump administration. If the dry came to approve this new ETF in the coming months, it would be a strong signal for the whole ecosystem of digital assets beyond Bitcoin and Ethereum.
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