AVAX Spot ETFs Record Biggest Net Inflow Since April With $2.52 Million
Spot Avalanche (AVAX) exchange-traded funds recorded their largest day of net inflows since April on October 8, attracting $2.52 million as investors increased their exposure through the investment products, according to BSCN.
The reported inflow marks a notable development for AVAX-linked investment products. BSCN highlighted the figures as a reason for optimism around the token, while pointing to the share of Avalanche's current supply held by the funds and the possibility of a strong October.
AVAX ETFs Post Their Strongest Inflow Day Since April
The spot AVAX ETFs absorbed a net $2.52 million on October 8, their biggest daily net inflow since April, BSCN reported. The comparison with April provides a historical reference for the latest activity, although the post did not specify the exact date or amount of the previous record.
Net inflows indicate that more capital entered the investment products than left them during the reported period. However, the figure alone does not establish the reasons behind the movement or demonstrate how the wider AVAX market responded.
The reported activity places spot AVAX ETFs at the center of BSCN's latest commentary on Avalanche. The post expressed an optimistic view of the token, drawing attention to the latest inflow figure and the funds' reported share of AVAX supply.
Funds Hold 1.26% of Current AVAX Supply
According to BSCN, the spot AVAX ETF products collectively hold 1.26% of AVAX's current supply. That figure provides a measure of the portion of the token supply represented by the investment products.
The 1.26% figure and the $2.52 million daily net inflow describe different aspects of the funds' activity. The inflow measures the net movement of capital on October 8, while the supply figure indicates the products' reported holdings relative to the current AVAX supply.
BSCN did not provide additional details about individual ETF issuers, fund-by-fund flows, total assets under management, or the number of tokens associated with the reported holdings. The post also did not identify the source of the underlying flow data.
October Outlook Remains Unconfirmed
BSCN suggested that the products could be positioned for an impressive October, linking that outlook to the latest inflow data. The statement represents an assessment rather than a confirmed forecast, and the post did not provide a target price, a projected inflow total, or a specific performance estimate for AVAX.
The available figures establish two key details: spot AVAX ETFs recorded $2.52 million in net inflows on October 8, their strongest daily result since April, and the products hold 1.26% of AVAX's current supply. Whether the October trend continues was not established in BSCN's post.
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
Check out other news and articles on Google News
Disclaimer:
The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.