VaneckOne of the main global investment companies, has registered a ETF in Avalanche (Avax) In the United States. This movement could precede a future application of an ETF spot in AVAX, marking another significant step for the adoption of cryptocurrencies in regulated markets.
Vaneck: a new record of an ETF in Avalanche (AVAX) in Delaware
According to public documents available in the Official website of the Delaware StateYesterday, Vaneck recorded the “Vaneck Avalanche ETF”. The product was filed with the Registration number 10125689 and classified as a Trust Corporate Services Company In the state of Delaware, in line with other ETF crypto records previously made by the company.
This recording comes at a delicate time for the cryptocurrency market. In 2025, Avalanche (Avax) lost 55% of its value since the beginning of the year, while Bitcoin (BTC) fell by 17%, according to data from With Ringecko.
Avalanche becomes the fourth active cryptographic with a registered Vaneck ETF
With this movement, Avalanche It is the fourth digital active for which Vaneck presents a separate ETF In the United States. The previous ones were Bitcoin (BTC), Ethereum (eth)and Solana (Sol).
In June 2024, Vaneck filed an application before the Bag and Securities Commission (SECOND) for a Spot ETF in Solanabecoming one of the first issuers to submit said application. The company already has a solid history in the cryptocurrency investment sector, since it had been among the First ETF Spot emitters in Bitcoin In 2024. In addition, in 2017, it was the First to request an ETF of Bitcoin futures.
The importance of avalanche in the cryptographic landscape
Launched in 2020 By Ava LabsThe avalanche platform developed under the guidance of Emin Gün SERER. Its objective is to offer a scalable and rapid solution for intelligent contracts and decentralized applications (DAPP), directly competing with Ethereum.
The native token Avax reached the 10 main cryptocurrencies for market capitalization in 2021. However, fluctuations in the sector have affected their value, and is currently The biggest cryptocurrency largerWith a Market lid of 7 billion dollarsAccording to Coingcko data.
No record for an ETF in XRP
Vaneck’s decision to register a ETF in Avax before a possible ETF in XRP It has caused reactions in the cryptographic community.
A commentator about X (previously Twitter) highlighted this election, calling the attention of the Digital Asset Research Chief in Vaneck, Matthew Sigel. In a publication relocated by Sigel himself, a user wrote:
“Vaneck has presented an ETF in Avax before an ETF in XRP. Come on, Matthew Sigel, who is telling him not to present an ETF in XRP? “
This comment suggests that some investors were waiting for a list for XRP before Avalanche, but Vaneck chose to prioritize Avax.
“` HTML
Competition in the Crypt ETF sector
“`
The registration of Vaneck Avalanche ETF represents the first official record of its kind for the US market. However, Vaneck is not the only company that presses for the introduction of new cryptographic ETF.
Gray scaleOne of the main entities in the field of cryptocurrency investments submitted a request to the SEC in October 2024 to convert its Multiple Coins Fund – which also includes Avax and four other digital assets – In an ETF. This demonstrates a growing interest in greater regulation and accessibility of the cryptographic sector through traditional financial instruments.
A possible signal for the future of cryptographic ETFs
The gradual introduction of Special ETF of individual digital assets Indicates a growing maturity of the market. If approved, a Spot ETF in Avax could attract institutional investorsgiving avalanche greater exposure and liquidity.
With previous records in Bitcoin, Ethereum and SolanaVaneck continues emerging as one of the main players in the Cryptocurrency -based ETF market And this movement could further strengthen its role.
Future developments will depend on the evaluations of the SEC, market balances and investors’ demand for these new financial instruments.
