U.S. Spot AVAX ETFs Record First Net Inflows of May

U.S.-listed spot AVAX ETFs drew fresh money on May 11, with the three products posting more than $0.5 million in net inflows. The roughly $530,000 add marks the first inflow day since April 28, when the funds took in a net $221,000. The pickup in demand comes as AVAX's onchain activity has strengthened over the past year, led by a notable rise in daily transaction volumes.