- Avalanche spot ETFs have extended their zero net inflows streak to 16 days.
- The AVAX token has traded lower amid the laggard ETF market.
- If bulls flip the picture, AVAX could target $16 and then $20 in the next leg up.
Avalanche (AVAX) price faces downward pressure near $9.00 as its spot exchange-traded funds (ETFs) mark yet another milestone in investor apathy.
Despite gains of nearly 4% this past week, zero net inflows persist and could accelerate amid a sluggish altcoin market.
Avalanche spot ETFs’ “bad” net inflows streak
While spot Bitcoin ETFs have shown intermittent days of net inflows and outflows over the past month, the two spot AVAX ETFs have established a long streak of no net inflows.
SoSoValue data indicates that VanEck’s VAVX and Grayscale’s GAVA have recorded zero net inflows for sixteen consecutive trading days, a streak that began on March 18, 2026.
This drought follows a brief surge on March 17, when the funds attracted $246,000 in combined net inflows, building on $532,000 that flowed in earlier that week.
Since then, however, capital has stalled completely, mirroring broader altcoin fatigue in a Bitcoin-dominated market.
As of April 10, 2026, cumulative net inflows for the ETFs total $9.76 million, with daily trading volume remaining anemic at $251,800.
The funds collectively manage $17.14 million in assets under management (AUM), representing just 0.43% of AVAX’s circulating market cap.
This limited exposure highlights the challenges in drawing institutional interest to Avalanche’s ecosystem, despite its strengths in high-throughput blockchain scaling and subnet technology.
Avalanche price outlook
Market observers link the inflows freeze to macroeconomic caution and geopolitical tensions dampening risk appetite.
ETF analysts note that without fresh capital, these products struggle to provide the liquidity boost seen in Bitcoin and Ethereum counterparts, potentially prolonging AVAX’s price consolidation.
AVAX has failed to hit sustained upside momentum since the token tested resistance near $35 in September 2025.
The subsequent plunge below the critical $10 psychological level has left bulls on the defensive, as sellers dominate amid fading on-chain activity and reduced DeFi TVL on Avalanche’s network.
Currently, AVAX trades around the $9.00 support zone, where the Supertrend indicator gives bears the advantage.
However, a fragile uptick over the past week offers slim hope for upward momentum or stabilization as bulls eye $10.00.
Technical indicators signal this possibility, with the Relative Strength Index (RSI) hovering just above 50 on the daily chart.
Analysts have also pointed to the resilience of the broader crypto market as one likely to support a clean break above $10.20.
If bulls invalidate the downtrend, the immediate target will be the $12-$16 region. Highs of $20 could attract bullish traders.
However, failure to hold $9.00 risks acceleration toward $8.50, opening the door to a retest of the year-to-date lows of $7.53 reached on February 6.
