🔥 VanEck's AVAX Spot ETF, VAVX, is set to list on Nasdaq on January 26, marking a significant milestone for Avalanche's legitimacy and accessibility to traditional investors 💸. This move is expected to improve liquidity for AVAX, potentially driving growth ¹ ² ³.

*Key points:*

- VAVX will officially begin trading on Nasdaq on January 26

- Flow Traders is the primary market maker for the ETF

- The ETF's approval could boost AVAX's liquidity and market visibility

- AVAX's current price is around $11.95, with resistance at $12.23-$12.52 and $13.03-$13.28

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*Market sentiment:*

- Analysts speculate the ETF could trigger an explosive rally for AVAX

- However, "sell the news" pressure is a possibility

- AVAX's technical indicators show a bearish trend, with RSI at 37.44

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Will the capital flows from Nasdaq be strong enough to drive an explosive rally for AVAX? 💬