First AVAX Spot ETF Launches in the US, No Net Inflows on First Day
2026-01-27 02:51
Odaily reported on January 26th that the first single-token AVAX spot ETF in the United States, the VanEck Avalanche ETF (ticker: VAVX), officially began trading on Nasdaq.
According to SoSoValue data, VAVX recorded no net inflows on its first trading day, with a trading volume of $330,000 and a total net asset value of $2.41 million.
The VanEck Avalanche ETF supports cash/physical creation and redemption, has a management fee of 0.30%, and supports staking.
As of the time of writing, the total net asset value of the AVAX spot ETF is $2.41 million, with an AVAX net asset ratio of 0.05%.
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