📈📊 #GrayscaleEyesAVESpotETFConversion Grayscale Investments has filed a regulatory registration with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Aave Trust into a spot ETF that would directly hold the AAVE token as the underlying asset. This proposed fund is expected to list on NYSE Arca under the ticker GAVE if approved. The move reflects Grayscale’s broader strategy of transitioning its closed‑end crypto trusts into regulated exchange‑traded funds, a trend that has already included products such as Bitcoin and Ethereum spot ETFs. If this conversion is approved, it would provide a regulated, traditional market channel for investors to gain exposure to AAVE without directly handling wallets or private keys. #Grayscale #Aave #SpotETF #CryptoRegulation
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#GrayscaleEyesAVESpotETFConversion
📈📊 #GrayscaleEyesAVESpotETFConversion
Grayscale Investments has filed a regulatory registration with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Aave Trust into a spot ETF that would directly hold the AAVE token as the underlying asset. This proposed fund is expected to list on NYSE Arca under the ticker GAVE if approved.
The move reflects Grayscale’s broader strategy of transitioning its closed‑end crypto trusts into regulated exchange‑traded funds, a trend that has already included products such as Bitcoin and Ethereum spot ETFs.
If this conversion is approved, it would provide a regulated, traditional market channel for investors to gain exposure to AAVE without directly handling wallets or private keys.
#Grayscale #Aave #SpotETF #CryptoRegulation