Avalanche (AVAX), the 11th-largest cryptocurrency, rallied on Thursday after digital asset manager Valkyrie launched an investment trust dedicated to the token. AVAX jumped 14% in a few hours to a one-week high of $68.36. The spike came just after Valkyrie’s announcement, which is expected to draw more institutional money into the Avalanche blockchain. The asset The post Avalanche (AVAX) Prices Jump 14% On New Trust Launch, Here’s Why appeared first on CoinGape.