VanEck launches first U.S. spot Avalanche ETF The first U.S. spot Avalanche (AVAX) ETF, trading under the ticker VAVX and issued by VanEck, has begun trading on the Nasdaq. The fund gives investors direct exposure to AVAX’s spot price performance along with staking rewards, further expanding the range of crypto ETFs available in the U.S. market. VanEck said Avalanche is one of the few smart contract platforms—alongside Ethereum and Solana—capable of delivering the network throughput and customization that institutions may require as tokenization accelerates. The firm also plans to work closely with the Avalanche team to produce educational resources aimed at helping traditional investors better understand the network’s technology and risk profile. VAVX will waive management fees until it reaches $500 million in assets or until February 28, whichever comes first. After that, the fund will charge a 0,2% sponsor fee. On its first trading day, the ETF fell more than 2% to $24,06, even as AVAX gained over 3% in the past 24 hours. Still, the layer-1 token remains down roughly 69% over the past year and about 92% below its 2021 all-time high. Ava Labs described the launch as a meaningful step in expanding institutional access to the Avalanche network, highlighting growing recognition of the blockchain for real-world applications across enterprises and governments. With VAVX’s debut, AVAX joins other altcoins such as Solana, XRP, and Dogecoin that have recently received spot ETF approvals in the U.S. However, the broader crypto ETF market has faced pressure lately, with Bitcoin and Ethereum funds seeing significant outflows amid macroeconomic uncertainty.
The real Fei is long gone! She was the true master... Wouldn't have got this wrong... we're @90 already... Where is your wisdom leading us now... To bankruptcy I see...
加密刘一菲
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The big one is coming, and I am currently more inclined to short. Although the range has not broken out, the probability of going down is greater, which means the probability of reaching around 86000 is increasing, so feel free to go for the short position.
Daily Market Analysis in Crypto (6.12) Summary: Currently, the second internal 4-hour pullback of the daily line is in progress, with a target in the 106900 range. In the coming days, the position of 106750 is particularly important. If the price maintains above the upper track of the 106750 center, it indicates a strong pullback, meaning the daily line upward trend is not over. If it breaks below, it will lead to a daily line correction. If the price drops below this level, the range from 100300 to 110600 can be treated as a single segment upward movement on the daily line for this 4-hour period. Likewise, if it stays above 106750, there is still a possibility of breaking new highs. However, it could also directly lead to a daily line correction from 110650 here. A rebound to 106900 without breaking this high point will form a second sell signal on the 4-hour line. The intraday resistance is at 108700 and 110200, while the support below is at 106900. Those with a fear of heights can watch for a break below on the right side to re-enter long positions. Please like, comment, and share.
$BTC Bitcoin🪙 head position has arrived, the second position is still a bit short, not much action over the weekend, hold the bottom position and let it float for now, the most comfortable season in Magic City has arrived, take more walks during this brief moment of relaxation~~ Regardless of whether you are a woman or not, I wish you all a happy holiday😘😘
To stay in this market and enjoy the pleasure brought by high returns, there is a potential expectation of high risk. In the crypto world, there are no perpetual victors; those who often win in the arena are not necessarily the ones with the best skills, but those who understand how to manage, 'I may not play well this round, I might lose; I need to stay calm and not lose my composure.' Let's encourage each other.
Don't forget $TIA It is a three-bottom breakout at the daily level As long as it doesn't break 3.55 at the daily level, the direction continues upwards If it was bought all the way up from 3.25 You have already made quite a bit 🤓 {spot}(TIAUSDT)