#GrayscaleEyesAVESpotETFConversion Grayscale Investments filed with the U.S. SEC on February 13, 2026, to convert its existing Grayscale Aave Trust (a closed-end private vehicle holding AAVE tokens) into a spot AAVE ETF. Planned listing: NYSE Arca under ticker GAVE. This is massive for DeFi
What's Happening?
Grayscale is following its proven GBTC playbook (Bitcoin Trust → spot Bitcoin ETF success). They're shifting the trust to a publicly traded spot ETF that directly holds real AAVE tokens (no futures/derivatives).
→ Easier access for retail & institutions via standard brokerage accounts—no