VanEck has submitted its final filing for an Avalanche (AVAX) ETF to the SEC, potentially positioning itself as the first to launch such a product. The VAVX ETF filing includes details on fees and custodians, with Coinbase and Anchorage Digital named. The SEC's review could lead to a December launch. This development coincides with a slight rise in AVAX's price amid a broader crypto market rebound. Avalanche's network has shown significant growth, with a 31% increase in transactions over the past month and a total value locked (TVL) reaching 133 million AVAX. Despite these positive indicators, technical analysis suggests AVAX remains in a bearish trend, with potential declines to $10 or even the 2023 low of $8.64.