Vaneck的雪崩[avax] ETF申请未能引发任何价格动作

这很重要，尤其是因为新闻更新后，Avax的价格几乎没有反应。

VanEck’s latest S-1 filing with the SEC for an Avalanche [AVAX] ETF has sparked discussions among crypto investors. This is especially pertinent as AVAX’s price showed little to no reaction following the news update.

Vaneck向SEC提交的S-1申请[Avax] ETF引发了加密投资者的讨论。这是特别相关的，因为新闻更新后，Avax的价格几乎没有反应。

As expected, this has left investors wondering whether the development has already been priced in or if market participants are simply indifferent to the ETF prospect.

正如预期的那样，这使投资者想知道该开发项目是否已经定价或市场参与者对ETF前景无动于衷。

What the VanEck Avalanche ETF means

Vaneck Avalanche ETF的含义

VanEck’s move to launch an Avalanche ETF marks another step towards the institutional adoption of cryptocurrencies. The ETF would expose traditional investors to AVAX, without requiring direct token purchases if approved. This could lead to greater capital inflows and higher market visibility for Avalanche.

Vaneck发起雪崩ETF的举动标志着朝着机构采用加密货币的一步。 ETF将使传统投资者接触到avax，如果获得批准，则无需直接购买。这可能导致雪崩的资本流入和更高的市场知名度。

However, while similar ETF filings for other assets such as Bitcoin and Ethereum have seen massive price surges due to heightened interest, in AVAX’s case, the price action was rather muted.

但是，尽管其他资产（例如比特币和以太坊）类似的ETF申请由于兴趣提高而导致了巨大的价格飙升，但在Avax的情况下，价格行动却相当淡起。

AVAX price trends and market sentiment

雅芳价格趋势和市场情绪

At press time, AVAX was trading at around $18.57, with no significant breakout following the ETF news. In fact, technical indicators reflected a prevailing bearish trend, with AVAX struggling below both its 50-day [$21.47] and 200-day [$33.20] moving averages. This suggested that the token may still be in a downtrend, making it difficult for bullish momentum to take hold despite the positive ETF filing.

在发稿时，Avax的交易价格约为18.57美元，在ETF新闻后没有明显的突破。实际上，技术指标反映了一种普遍的看跌趋势，雅芳（Avax）挣扎着50天[$ 21.47]和200天[$ 33.20]移动平均值。这表明令牌可能仍处于下降趋势，尽管ETF提交了积极的归档，但看涨的势头很难获得。

Source: TradingView

资料来源：TradingView

Furthermore, the Relative Strength Index [RSI] had a reading of 43.75, indicating that AVAX was neither overbought nor oversold at press time. This seemed to be in line with the lack of immediate buying pressure across the board. Volume trends also suggested that traders were not rushing to accumulate AVAX in response to the news.

此外，相对强度指数[RSI]的读数为43.75，表明Avax在发稿时既不是过分买卖也不是超额。这似乎是由于缺乏立即购买压力的全面。数量趋势还表明，交易者并不急于响应新闻来积累avax。

Is the Avalanche ETF filing already priced in?

雪崩ETF是否已经定价？

One potential explanation for the lack of movement might be that the market had already factored in the possibility of an Avalanche ETF. With multiple crypto ETFs gaining traction in recent months, investor excitement surrounding new filings seemed to have diminished.

缺乏运动的一种潜在解释可能是市场已经考虑了雪崩ETF的可能性。近几个月来，随着多个加密ETF的吸引力，围绕新文件的投资者兴奋似乎已经减少。

Moreover, the broader market remains uncertain, with many altcoins facing selling pressure as Bitcoin’s dominance continues to rise. This could be another reason why AVAX wasn’t showing any major price shifts despite the ETF filing.

此外，随着比特币的统治地位不断上升，许多山寨币仍面临销售压力。这可能是Avax尽管提交ETF，但Avax没有显示出任何重大价格变化的另一个原因。

Finally, new data on ETF netflows shared some additional context for AVAX’s sluggish price action. For instance – Total ETF net outflows for 14 March were -$106.10 million – A sign of bearish sentiment among institutional investors.

最后，有关ETF Netfrows的新数据分享了Avax的低价行动。例如，3月14日的ETF净流出总额为-10610万美元 - 机构投资者中看跌的迹象。

Source: CoinMarketCap

资料来源：CoinMarketCap

Over the past week, the market saw cumulative outflows of -$433.35 million, further reinforcing risk-averse behavior. Despite these short-term losses, however, ETF netflows have remained positive over the last three months, with a net gain of +$450.17 million. This means that while institutional sentiment remains cautious in the near term, long-term investment interest in digital assets has not completely disappeared.

在过去的一周中，市场累积流出 - 4.335亿美元，进一步加强了避开风险的行为。尽管有这些短期损失，但在过去三个月中，ETF Netflows一直保持阳性，净收益为45017万美元。这意味着，尽管在短期内机构情绪仍然谨慎，但数字资产的长期投资权益并未完全消失。

What’s next for AVAX?

Avax的下一步是什么？

The upcoming days will be crucial for AVAX to break out of its current stagnation. A decisive move above the $21.50-level could signal renewed bullish momentum, while failure to maintain its support levels may lead to further downside pressure. As always, investors will be keeping a close eye on SEC developments and potential institutional inflows, before making any major moves.

即将到来的日子对于Avax爆发其当前停滞至关重要。超过$ 21.50级别的决定性举动可能标志着新的看涨势头，而未能维持其支撑水平可能会导致进一步的下行压力。与往常一样，在采取任何重大举措之前，投资者将密切关注SEC的发展和潜在的机构流入。

Despite the ETF filing, AVAX’s price has been consolidating, reflecting the broader market’s hesitation. Whether institutional demand will materialize remains to be seen. But for now, the altcoin might just be in a wait-and-see phase.

尽管提交了ETF，但Avax的价格一直在巩固，反映了更广泛的市场的犹豫。机构需求是否会实现还有待观察。但是就目前而言，Altcoin可能只是处于待观察阶段。