#GrayscaleEyesAVESpotETFConversion, written in professional paragraph style, with no links, and aligned to current market discussions:
Institutional Attention Turns Toward AAVE
The crypto market is closely watching a new institutional narrative as Grayscale signals growing interest in expanding its ETF ambitions beyond Bitcoin and Ethereum. Recent discussions in the market suggest that AAVE is emerging as a potential candidate for a future spot ETF conversion, reflecting a broader shift in how regulators and asset managers are viewing high-utility DeFi tokens.
This development is significant b