#GrayscaleEyesAVESpotETFConversion
#我在Gate广场过新年 As of February 2026, Grayscale is moving aggressively to convert its single-asset trusts into spot ETFs, following the blueprint set by GBTC (Bitcoin) and ETHE (Ethereum).
In February 2026, Grayscale officially moved to convert its Aave Trust into a Spot Aave ETF.
Similar to previous conversions, this aims to eliminate the "discount to NAV" (Net Asset Value) and allow for easier creation and redemption of shares on a major exchange.
The proposed ETF features a 2.5% annual sponsor fee
Grayscale’s 2026 "Institutional Era" Strategy
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