Techub News reports that Grayscale has submitted an application to the U.S. Securities and Exchange Commission (SEC) to convert the AAVE Trust Fund into a spot ETF and list it on NYSE Arca. The proposed Grayscale AAVE ETF will charge a 2.5% management fee, payable in AAVE, with Coinbase serving as custodian and prime broker.
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Techub News reports that Grayscale has submitted an application to the U.S. Securities and Exchange Commission (SEC) to convert the AAVE Trust Fund into a spot ETF and list it on NYSE Arca. The proposed Grayscale AAVE ETF will charge a 2.5% management fee, payable in AAVE, with Coinbase serving as custodian and prime broker.