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AVAX Spot ETF is not the starting gun for a bull market, but rather a "license for institutional entry"
Many people automatically think of a "skyrocketing script" when they see ETF, but stay calm.
ETF is more like a ticket, not fireworks. VanEck launching the AVAX spot ETF essentially means: giving the money that couldn't originally buy coins a legal entry point.
For institutions, they don't care how fast your TPS is; they care about three things:
Can it be custodial?
Is it compliant?
Can it be integrated into asset allocation models?
AVAX happens to be a "low-key qualified candidate" on these three points.
Technologically stable, ecologically complete, with no major regulatory landmines—such projects may not be flashy, but they are durable.
So, this ETF is not an emotional hype but a structural change.
If you're a short-term trader, you might think it's "not exciting";
But if you're looking at medium- to long-term capital structure, this step carries significant weight.
In one sentence: AVAX may not make you rich overnight, but it's increasingly becoming a "serious asset."