2026-01-02 12:24:28

Avalanche (AVAX) witnessed a notable 11% price surge following Grayscale's S-1 filing update, which outlines the conversion of its Avalanche Trust into a spot AVAX ETF. The market responded swiftly—trading volume exploded 140%, reaching $546 million during the rally. This institutional move signals growing confidence in AVAX's market position and reflects broader adoption trends within traditional finance institutions seeking exposure to the Avalanche ecosystem.

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OffchainOracle

· 01-04 23:20

Is Grayscale causing trouble again? Will this really boost the market or is it another bear trap...

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DAOdreamer

· 01-04 20:44

Grayscale's move this time is truly outstanding; institutional involvement is just on a different level. An 11% increase is really nothing.

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RooftopReserver

· 01-02 12:53

Grayscale is back to buy in, AVAX is really going to rise this time.

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BearMarketHustler

· 01-02 12:46

Grayscale's move is truly awesome; institutional entry is just different. AVAX has taken off directly.

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NotFinancialAdvice

· 01-02 12:36

The grayscale conversion to spot ETF has indeed boosted AVAX's price quite a bit, but how long this wave can last is really uncertain.

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0xTherapist

· 01-02 12:28

Grayscale's move this time is truly impressive. Institutional involvement is just different. Whether AVAX can truly take off this time depends on what happens next.

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