The post VanEck Files for Avalanche ETF – Will AVAX Price Hit $25 appeared first on Coinpedia Fintech News
After Solana, XRP, and Cardano, Avalanche has now joined the race for ETF approval. Recently, VanEck, a well-known investment firm, filed for the VanEck Avalanche ETF with the U.S. SEC in Delaware. This raises the question—can this filing help AVAX recover from the recent market crash?
VanEck Files for Avalanche ETF
VanEck, a leading asset management company, has taken a major step by registering the Avalanche ETF Fund in Delaware. This filing, made on March 10, 2025, has been confirmed through official records, showing VanEck’s strong interest in launching an investment product focused on Avalanche.
Although details about the ETF’s structure, investment strategy, and launch date are still unknown, this registration marks an important milestone.
If approved, the ETF would allow investors to gain exposure to Avalanche without needing to directly own AVAX, its native token.
Avalanche’s Big Role In Tokenization
The decision to file for an Avalanche ETF is not random. Avalanche has been making strong progress in the world of tokenization, gaining recognition for its role in financial markets.
Big names like JPMorgan and Mastercard are already working with Avalanche on blockchain projects, focusing on areas like portfolio management and digital asset innovation.
JPMorgan, in particular, has been integrating its Onyx platform with Avalanche’s permissioned Evergreen Subnet. This partnership shows the blockchain’s potential to reshape financial systems and attract more institutional players to its network.
AVAX Need To Hold $15 Level
The recent crypto market crash pushed AVAX down to its lowest level since August, dropping to $15. However, unlike many other cryptocurrencies still struggling, AVAX has shown some recovery.
A quick ETF filing by VanEck could restore market confidence in AVAX, potentially driving its price higher. However, AVAX is currently following a declining trendline, creating a bearish trading pattern.
If AVAX manages to hold the $17 resistance level and continues its upward movement, it could break past the $20 resistance and surge toward $25. On the other hand, if it fails to hold this level, a pullback to $15 is likely.