AVAX Spot ETFs Post Strongest Inflow Day Since April Spot Avalanche ($AVAX) ETFs recorded their largest single-day net inflow since April on October 8, pulling in $2.52 million. The move mark
AVAX Spot ETFs Post Strongest Inflow Day Since April
Spot Avalanche ($AVAX) ETFs recorded their largest single-day net inflow since April on October 8, pulling in $2.52 million. The move marks a notable shift in momentum for a product suite that had spent much of the summer and early autumn struggling to attract meaningful capital.
Three regulated spot AVAX products are currently available to U.S. investors: VanEck's VAVX, listed on Nasdaq; Grayscale's GAVA; and Bitwise's BAVA, which launched on the New York Stock Exchange in April 2026. Bitwise Asset Management launched its spot Avalanche ETF (BAVA) on the New York Stock Exchange on April 15, 2026, becoming the first U.S.-listed AVAX product to manage staking internally.VanEck had launched the first U.S.-listed spot AVAX ETF in January 2026, with the fund able to generate staking rewards by staking a portion of its holdings.
ETFs Now Hold 1.26% of Circulating AVAX Supply
Collectively, the three spot products hold 1.26% of AVAX's current circulating supply, according to SoSoValue data. As of October 7, the three AVAX spot ETFs had cumulative net inflows of $29.12 million and net assets of $60.60 million, representing 1.26% of AVAX's market cap. That share of supply locked inside regulated wrappers is modest in absolute terms but carries supply-side implications, particularly given that a portion of those holdings is actively staked.
Bitwise, VanEck, and Grayscale collectively crossed the 5 million AVAX mark in combined holdings, of which 3.49 million AVAX is staked to earn yield, with VanEck staking roughly 80% of its own holdings. Staked tokens are temporarily removed from liquid supply, which could act as a mild tailwind for price if demand continues to build.
The October 8 inflow figure stands out because it arrives after an extended period of subdued activity. Spot ETFs recorded a net inflow of only about $268,000 on October 1, 2026, their first since September 22, and that figure was considered modest. The jump to $2.52 million just one week later therefore represents a meaningful acceleration, even if it is still far below the flows seen in Bitcoin-focused products.
Whether the October 8 print marks the start of a sustained trend or a one-day spike will depend on broader market conditions and continued institutional interest in AVAX as an asset. Avalanche's underlying network continues to expand. According to Nansen, Avalanche C-Chain processed a record 235.6 million transactions in Q2 2026, its seventh consecutive quarter of transaction growth, while stablecoin transfer volume reached $84.4 billion. Strong on-chain fundamentals combined with renewed ETF demand could set the stage for a more constructive October for $AVAX.
Sources:SoSoValue: US AVAX Spot ETF DashboardCoinLaw: Avalanche (AVAX) Statistics 2026The Defiant: VanEck Launches First U.S.-Listed Avalanche ETF