---
title: "Weekly Recap | 2x Avalanche ETF +2.4%, spike then fade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300839207.md"
description: "The 2x Avalanche ETF (AVAZ) rose 2.4% this week to close Friday at $17.10, outpacing the S&P 500 by about 2.67 percentage points. It was a volatile week that faded after an early spike. Monday opened lower, dipped to $16.29 and closed at $16.425. Tuesday gapped up to a weekly high of $21.03 before settling at $19.63. Over the next three sessions the price drifted lower, with Friday touching $16.62 and finishing near flat at $17.10. The week’s amplitude was 27."
datetime: "2026-10-03T04:12:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300839207.md)
  - [en](https://longbridge.com/en/news/300839207.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300839207.md)
generator: "portal-rs"
---

# Weekly Recap | 2x Avalanche ETF +2.4%, spike then fade

## The Week

The 2x Avalanche ETF (AVAZ) rose 2.4% this week to close Friday at $17.10, outpacing the S&P 500 by about 2.67 percentage points. It was a volatile week that faded after an early spike. Monday opened lower, dipped to $16.29 and closed at $16.425. Tuesday gapped up to a weekly high of $21.03 before settling at $19.63. Over the next three sessions the price drifted lower, with Friday touching $16.62 and finishing near flat at $17.10. The week’s amplitude was 27.83%, and the close sat well above the 20-day average of $13.725. Daily volume averaged 17,908 shares, roughly 7.6 times the median, though there was no closely linked catalyst this week.

## The Week Ahead

The macro calendar is reasonably busy. On Monday, October 5, the US reports final S&P Global services PMI (prior 58.7) and ISM non-manufacturing PMI (prior 55.4, forecast 55). Tuesday, October 6, brings international trade data (prior -$88.6bn, forecast -$102bn) and the goods trade balance; Wednesday, October 7, adds EIA weekly crude inventories. As a leveraged crypto-asset ETF, AVAZ tends to be sensitive to shifts in liquidity and risk appetite, so the services and trade prints are windows where volatility could pick up.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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- [AVAZ.US](https://longbridge.com/en/quote/AVAZ.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**