Avalanche bulls have something BIG to talk about. The three spot @Avax ETFs now hold 1.17% of $AVAX' circulating supply, after absorbing +$1.3M in net inflows this week. For context, the last week that the ETFs saw any net inflows at all was in early June...

What happened

Three spot Avalanche ETFs now hold 1.17% of AVAX's circulating supply after receiving $1.3 million in net inflows this week. This marks the first week with net inflows since early June.

Confirmed

Global impact / market context

New ETF buying increases demand for AVAX, which can raise its price. This helps Avalanche's network because more investors may use the token, possibly boosting its value and trading activity.

Analyst inference

AVAX's price may react to this renewed demand after a quiet period. ETF inflows often signal growing investor interest in cryptocurrency, which can influence other altcoin prices as well.

Analyst inference

What to watch

1. Monitor whether these three spot Avalanche ETFs continue to receive net inflows in upcoming weeks, since this week's $1.3 million was the first since early June. Confirmed
2. Investors could observe changes in AVAX's price and trading volume to gauge whether the ETF inflows are supporting broader market confidence in the token. Proposed
3. If inflows persist, AVAX's price may rise due to higher demand from ETF investors, which could encourage more holdings and network activity. Analyst inference

Affected assets

• AVAX — Avalanche

Evidence

• x.com