Avalanche (AVAX) Price Eyes $25 Breakout As VanEck Joins ETF Train

VanEck, a major asset management firm, has taken a big step toward bringing Avalanche (AVAX) into the ETF world.

The company recently applied with the U.S. Securities and Exchange Commission (SEC) to list an Avalanche ETF on the Nasdaq stock exchange.

While the SEC has not acknowledged it, if approved, it would be one of the first altcoin-focused ETFs in the United States.

This development is not just about Avalanche; it could also signal a wider shift in how traditional finance views altcoins.

The VanEck ETF Filing

On April 8, VanEck filed a Form 19b-4 through Nasdaq to launch the VanEck Avalanche ETF.

This ETF would track the performance of AVAX, the native token of the Avalanche blockchain. It will be listed under Nasdaq’s Rule 5711(d), which covers commodity-based trust shares.

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This filing is required to list a new financial product, such as an ETF. After the filing is acknowledged, the SEC has up to 90 days to review it and decide whether to approve or reject the application.

During this time, the agency will consider market risks, investor protection measures, and whether the product follows current financial rules.

VanEck already runs a European Avalanche Exchange Traded Note (ETN), which charges a 1.50% annual fee.

This suggests that the new U.S.-based ETF could have a similar cost structure.

If approved, it would make it easier for traditional investors to gain exposure to AVAX without buying or managing the cryptocurrency directly.

AVAX Price and Historical Trend

During the last major crypto bull market, Avalanche reached its all-time high of around $146 in November 2021.

Like many other cryptocurrencies, it dropped sharply in 2022 and 2023, falling below $10 during the bear market.

However, the project continued to build its technology and partnerships during that time. In 2025, AVAX has shown signs of recovery as whales aggressively buy the asset.

According to market data, AVAX price has been trading above $18 for the better part of the past 7 days. With the current drawdown, the coin is down by 1.72% in the last 24 hours.

The $20 price level has stopped AVAX from moving higher in the past months.

Nevertheless, there is growing hope that it will soon break above the key resistance level toward $25. Breaking through it would be a strong signal of a new upward trend.

Technical charts show dwindling buying pressure and the news of the ETF filing has brought new attention to the coin. If this momentum continues, Avalanche could see even higher prices soon.

AVAX and General Altcoin ETF Approval Odds

So far, the SEC has only approved ETFs for Bitcoin and Ethereum.

The regulatory agency is still reviewing applications for other crypto assets, such as Solana and the XRP ETF . Altcoins like Avalanche and Hedera are also joining the list.

This makes VanEck’s filing a key one to watch as the shift to unconventional altcoins grow.

However, getting approval for an altcoin ETF remains a speculative subject. The SEC is cautious and wants to avoid risks for investors.

That said, VanEck is using the same filing process that worked for Bitcoin ETFs, which may improve the chances of success.

If the VanEck Avalanche ETF is approved, it would be one of the first ETFs in the U.S. focused on a blockchain outside of Bitcoin and Ethereum.

Ultimately, this might catalyze the breakout of the Avalanche coin.