🚨 LATEST: AVAX SPOT ETF DEBUTS ON NASDAQ — BUT NO CAPITAL SHOWS UP
VanEck’s $VAVX, the first U.S. spot Avalanche ETF, officially began trading on Nasdaq — and the market response was… cautious.$ADA
📊 Day 1 snapshot:
• $0 net inflows
• $330K in total trading volume
• $2.41M in NAV
🧠 Why this matters:
ETF launches are less about the headline and more about capital follow-through.
Zero inflows on Day 1 suggests:
• Institutions are aware, but not convinced
• Allocators are still waiting for confirmation
• Risk appetite remains selective, not thematic
This contrasts sharply with Bitcoin ETFs, where even small inflows can move the needle due to:
• Deeper liquidity
• Clear macro narrative
• Balance-sheet grade demand$PEPE
⚠️ Context check:
• Altcoin ETFs don’t enjoy automatic demand
• Avalanche sits in a crowded L1 field
• Institutions currently favor BTC first, ETH second
🔥 What changes the story:
• Sustained daily inflows (not launch hype)
• Volumes expanding beyond sub-$1M
• AVAX outperforming spot during broader market weakness$LINK
Until then, $VAVX is a milestone — not a signal.
Wall Street opened the door.
Capital hasn’t walked in yet.
#Liquidations #Quark #CryptoPatience
