🚨 #AVX SURGES +11% AFTER GRAYSCALE ETF MOVE

Avalanche rallied +11% after Grayscale updated its S-1 filing to convert the Avalanche Trust into a spot AVAX ETF — a major step toward institutional adoption.

🔥 Why this move matters: • 📄 S-1 update = ETF process officially advancing

• 📈 Trading volume spiked +140% to $546M → confirms real demand, not hype

• 🏦 Grayscale involvement signals growing institutional confidence

• 🧠 ETF narratives continue to front-run price action, just like BTC & ETH

📊 Market takeaway:

ETF momentum is transforming institutional interest into actual capital flows — and AVAX is clearly on the radar.

👀 Keep watching:

$AVAX

AVAX

9.26

-4.33%

| $PEPE

PEPE

0.0₅44

-9.46%

| $SUI

SUI

0.9733

-5.54%

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#AVAX #Avalanche #Grayscale #CryptoETF #SpotETF #Altcoins #InstitutionalMoney #CryptoMarkets #DeFi #Layer1 🚀