Spot AVAX ETF Race: Two Major Institutions Compete for Filing, but Price Rises and Falls Back

2025-12-24 08:40:11

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[Crypto World] Grayscale recently submitted an updated registration statement to the U.S. Securities and Exchange Commission for a spot Avalanche ETF. This submission particularly emphasizes the optimization of the physical creation mechanism and the improvement of risk disclosures. Coincidentally, another leading asset management firm is also actively pushing forward with the application process for an AVAX ETF. The competition between the two institutions in this track has already become intense.

Market enthusiasm for ETF filings was once very high—last week, AVAX surged over 9% on this wave of optimism. However, the rally did not last long, and the upward momentum gradually weakened. In the past 24 hours, it even retraced more than 2%, and investors’ enthusiasm has begun to wane. From institutional filings to market cooldown, this process reflects the rapid change in market sentiment. Although spot ETFs are seen as an important channel for traditional capital to enter the crypto market, the market’s ability to digest such news is also continuously testing investors’ patience.

AVAX-2.11%

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RugResistant

· 11h ago

ngl grayscale's "optimized mechanism" claims need serious scrutiny... what exactly changed in their implementation? audit it yourself before fomo

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faded_wojak.eth

· 11h ago

Grayscale is making moves again. Can they catch up with this wave... but the real heartbreak is the price of the coin dropping.

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AirdropHunterWang

· 11h ago

Grayscale is causing trouble again, but the price still keeps plunging. What's the use of the ETF race?

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FloorSweeper

· 12h ago

It's the same old trick again, declare and declare, but the price still has to fall. Gray scale is fighting fiercely with another company, but retail investors are still taking the bait?

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MEVictim

· 12h ago

Grayscale is back again. Can it break through this time? Feels all dizzying. --- ETF race, huh? The coin price actually drops... Who doesn't know this trick? --- Investor sentiment is declining, but it sounds nice; in reality, no one is buying it. --- Two major institutions are fighting fiercely, but in the end, retail investors are still the ones paying the bill. --- AVAX's recent adjustment is normal; wait until the wind passes to see. --- Spot ETF is a big gimmick; once it lands, there will be no more stories. --- It's either mechanism optimization or risk disclosure; the key is whether it can pass or not.

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