The race for cryptocurrency exchange-traded funds (ETFs) is heating up, and Avalanche (AVAX) is the latest contender. VanEck, a leading asset management firm, has officially filed for an Avalanche ETF in Delaware, a move that could bring increased institutional exposure to the blockchain.

While Bitcoin (BTC) and Ethereum (ETH) have already secured ETF approvals, Avalanche joins Solana (SOL), XRP, and Cardano (ADA) in the push for similar financial products. But will this filing be enough to reverse AVAX’s recent struggles and drive its price toward $25?

VanEck’s Avalanche ETF – A Gateway for Institutional Investment?

Why This Filing Matters

VanEck’s March 10, 2025, registration for an Avalanche ETF is a significant milestone. Though details about its structure remain unknown, the mere filing signals growing confidence in Avalanche’s long-term viability.

If approved, this ETF would enable traditional investors to gain exposure to AVAX without holding the asset directly, making it more accessible to institutional players who are restricted from trading cryptocurrencies on exchanges.

The approval of spot Bitcoin ETFs in early 2024 triggered massive capital inflows, leading BTC to new all-time highs. Many believe that an Avalanche ETF could have a similar effect, increasing demand for AVAX and driving prices upward.

The Institutional Adoption of Avalanche

Beyond ETF filings, Avalanche has been gaining traction in institutional finance, particularly in asset tokenization and digital payments.

Several major financial players have partnered with Avalanche, including:

• JPMorgan, which is using Avalanche’s Evergreen Subnet for institutional asset management and blockchain-based financial solutions.
• Mastercard, which is collaborating with Avalanche on blockchain-powered payment innovations.

These developments reinforce Avalanche’s role as a leading blockchain for financial applications, increasing its attractiveness to institutional investors.

Will the ETF Filing Push AVAX Toward $25?

AVAX’s Market Struggles

Like most cryptocurrencies, AVAX has been struggling following the recent crypto downturn. It fell to $15, its lowest price since mid-2024. However, recent price movements suggest a possible recovery, and the ETF filing may serve as a catalyst for renewed investor interest.

Key Price Levels to Watch

• $17 Support Level: AVAX needs to hold above $17 to confirm its recovery.
• $20 Resistance Level: A break above $20 could signal a bullish reversal.
• $25 Target: If buying momentum strengthens, AVAX could aim for $25, a key psychological milestone.

On the flip side, if AVAX fails to sustain its upward momentum, it could retest the $15 support zone, delaying any potential breakout.

ETF Approval – A Game Changer or a Long Wait?

Historically, ETF approvals have been among the most influential events for crypto markets. The SEC’s green light for Bitcoin ETFs in early 2024 resulted in record-breaking institutional inflows.

However, approval for an Avalanche ETF is not guaranteed. The SEC has delayed and rejected multiple crypto ETF applications in the past, citing market volatility, regulatory concerns, and security risks.

If the Avalanche ETF is approved, it could:

• Bring institutional capital into AVAX, boosting liquidity.
• Increase market confidence, leading to stronger price action.
• Position Avalanche as a top blockchain for institutional finance.

But if the SEC rejects or delays the application, AVAX could face short-term price struggles before finding its next major catalyst.

Final Thoughts

VanEck’s Avalanche ETF filing marks a significant step forward for institutional adoption, but whether it will push AVAX to $25 or beyond remains uncertain.

For now, investors should closely monitor AVAX’s price action, particularly around the $17 and $20 levels, while waiting for regulatory updates on the ETF application. If market conditions align, AVAX could see a breakout, but downside risks remain.