1/ Another step in Avalanche’s RWA positioning as the rails for tokenizing RWAs
Institutional flows into Avalanche are picking up
Mirae is Asia’s largest asset manager with with $316bn AUM 🧵
2/ Context on price action
$AVAX itself came out strong in recent weeks but lost momentum heading into the weekend
Momentum needs to come back, and two catalysts could do it:
- DATs: create more price-insensitive spot demand
- Spot ETFs: additional institutional inflows
3/ - Best case Scenario: DAT and ETF timelines align and reinforce flows into AVAX
- Worst case Best case Scenario: BTC weakness dominates and pressures AVAX regardless of headlines
The setup is asymmetric
4/ But everything still comes down to BTC’s next moves
We’re heading into Q4, historically decisive, the breakout here will dictate how the quarter plays out
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