VanEck’s Third Avalanche ETF Amendment: AVAX Targets $15 Rebound in 2025

VanEck just filed its third amendment for an Avalanche ETF—and the market's already pricing in a recovery.

Why This Filing Matters

This isn't just paperwork. A third amendment signals serious regulatory engagement. It means VanEck's lawyers are deep in the trenches with the SEC, hammering out details that could make or break the fund's approval. For AVAX, it's a direct line to institutional capital—the kind that doesn't flinch at a market dip.

The $15 Target: More Than a Number

Talk of AVAX eyeing a $15 recovery isn't pulled from thin air. That figure represents a key technical and psychological threshold. It's the level where charts suggest buying pressure could overwhelm the current selling, a classic 're-accumulation' zone before the next leg up. Hitting it would signal the correction is over and the bulls are back in charge.

The Institutional Endgame

An Avalanche ETF would do more than just track the price. It would validate the entire Layer 1 narrative for big money. Think pension funds and asset managers—entities that would never touch a crypto exchange but will gladly buy a ticker on the NYSE. It's the ultimate legitimization play, wrapped in the familiar, comforting jargon of traditional finance.

Of course, watching Wall Street repackage decentralized tech into a tradable fund is its own special kind of irony—they'll sell you exposure to the revolution, for a modest fee.

The bottom line? This filing is a concrete step towards bridging crypto's wild west with the regulated mainstream. If approved, it doesn't just open a new fund—it opens the floodgates.

AVAX Price Chart Point to Cautious Recovery Ahead

From a technical perspective, AVAX has been showing a distinct downward trend on the daily charts for the past few weeks, as indicated by lower highs and lower lows. The price is slightly below the middle band in the Bollinger Bands indicator. Support levels are expected around $11.30, while the resistance levels are around $13.15 and $14.95.

Source: TradingView

RSI is at around 39, indicating bearish momentum but not oversold, anticipating consolidation. The MACD remains below zero, reinforcing the overall downtrend, but the flattening lines of the MACD histogram indicate a slowing down of the bearish movement. A reversal might indicate an RSI pickup with a bullish crossover.

Also Read: Avalanche (AVAX) Signals Strong Reversal as Bullish Targets Extend to $120