Avalanche’s AVAX lifts over 1% as VanEck’s VAVX spot ETF launches on Nasdaq with staking

On January 26, 2026, Avalanche reported that VanEck’s AVAX spot ETF (ticker VAVX) would begin trading on Nasdaq, coinciding with an AVAX price rebound of more than 1%. The fund plans to stake a portion of its AVAX, returning rewards to shareholders after fees, while VanEck is waiving sponsor fees up to $500 million in assets or until 2/28/26. AVAX is currently trading near $11.7, with analysts watching key price levels between $11 and $14.80 as on-chain activity and address growth accelerate.