Altcoin Daily (@altcoin_daily)
Avalanche surges 55% as ETF posts strong weekly inflow
$AVAX has surged approximately 55% over the past week as Bitwise's Avalanche ETF recorded $231,000 in weekly inflows, its second-highest weekly total of the quarter.
The combination of strong price momentum and improving ETF demand adds to bullish sentiment around Avalanche.
The size of the price move is much larger than the reported ETF inflow itself, so the rally likely reflects broader market demand rather than ETF flows alone.