Grayscale Seeks to Convert AAVE Trust into ETF

Scott Melker, host of The Wolf Of All Streets Podcast, posted on X about Grayscale's recent filing. Grayscale aims to convert its $AAVE Trust into an ETF. This move is part of Grayscale's strategy to expand its offerings in the crypto market. The conversion process is subject to regulatory approval and could impact the accessibility of AAVE investments for institutional investors. Grayscale's initiative reflects the growing interest in integrating crypto assets into traditional financial products.