$AVAX HOLDERS ATTENTION! 🚨 THIS IS BIG! 🔥👇
VanEck, one of the biggest influential investment firm with over $76 billion assets under management, has just filed for an Avalanche ETF with the SEC! That's massive because it will attract more institutional investors that do not want to deal with crypto exchanges or private keys. Also, if this ETF gets approved, then VanEck will have to buy AVAX in order to back the fund. As a consequence, it could drives AVAX’s price higher!
In my opinion, this is a strong validation for AVAX and its ecosystem. If approved, it could easily lead to significant institutional inflows and thus price appreciation over the time! VanEck interest in AVAX suggests that they believe in its long-term growth!
Why VanEck chose AVAX? Because of its subnet architecture! Anyone can create their own blockchain ("subnet") tailored to specific use cases. In fact, major institutions like Mastercard, Deloitte and JPMorgan are already exploring Avalanche for real-world applications!
Did You Buy AVAX Dip? Will AVAX Hits Its Previous ATH? 🤔 Let Me Know In Comments!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝
