21Shares Avalanche (AVAX) | News Based Sentiment Analysis

• On September 15, 2025, the 21Shares Avalanche Staking ETP (SIX:AVAX) experienced a significant turnaround, gaining nearly +18% as investors showed renewed appetite for higher-beta crypto assets. This performance stood out, with the 21Shares Dogecoin ETP (DOGE) leading gains at 23.7% and the Global X Blockchain UCITS ETF (LON:BKCG) following at 22.7%. This surge suggests a shift in market sentiment towards Avalanche after a period of struggle.
• Avalanche (AVAX), the underlying asset of the ETP, saw even more substantial gains, surging +19% for the week ending September 18, 2025, and over +50% in the last 30 days. This strong performance coincided with Bitcoin approaching $118,000 and expectations of further interest rate cuts, indicating a broader positive trend in the crypto market.
• The U.S. Securities and Exchange Commission (SEC) approved generic listing standards for "commodity-based trust shares" on September 20, 2025, across Nasdaq, Cboe BZX, and NYSE Arca. This move could streamline access to crypto ETPs like the 21Shares Avalanche Staking ETP, lowering the barrier for traditional investors, though analysts caution fundamental interest in AVAX is still key.
• Bitwise Asset Management filed an S-1 registration statement with the SEC on September 16, 2025, to launch a spot Avalanche ETF. This marks a significant step for regulated crypto investment vehicles beyond Bitcoin and Ethereum, potentially offering direct exposure to AVAX through traditional brokerage accounts, though approval is not guaranteed.
• As of September 11, 2025, the Net Asset Value (NAV) for the 21Shares Avalanche Staking ETP was $5.29, with Assets Under Management (AUM) reaching $30,695,313.77, a substantial increase from September 1, 2025. However, the Year-to-Date (YTD) return remained negative at -32.24%, highlighting earlier losses.
• Despite the YTD losses, the ETP showed positive momentum with a 1-day change of +1.06% on September 11, 2025, and a strong daily change of +6.17% on September 9, 2025, reaching a NAV of $4.74 and AUM of $27,468,942.96. This volatility underscores the risks associated with altcoin investments.

The Investment Story: September was a transformative month for the 21Shares Avalanche Staking ETP, shifting from substantial declines to impressive gains driven by renewed investor interest and increasing institutional attention towards Avalanche. While still facing YTD losses, the ETP is showing signs of a potential turnaround.

What It Means for Investors: The recent positive performance and growing institutional interest, including potential ETFs, offer a glimmer of hope for investors. However, the ETP remains a high-risk investment, and the negative YTD return and volatility highlight the challenges of altcoin investments. The 2.50% TER continues to impact overall returns.

Looking Ahead: Investors should closely monitor institutional inflows into Avalanche ETFs and the ETP, tracking AUM and NAV for continued growth. The SEC's decision on the Bitwise ETF and broader market conditions will be key factors to watch.

The Bottom Line: The 21Shares Avalanche Staking ETP has demonstrated a remarkable recovery in September, fueled by increased investor demand and institutional interest. Investors should proceed with caution, recognizing the inherent risks and volatility, but the potential for further gains exists if positive momentum continues.