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Grayscale 🚨
They’ve officially filed an S-1 with the SEC to launch an AAVE ETF
That’s not noise. That’s structure.
An ETF means
• Regulated exposure to $AAVE
• Easier access for institutions
• DeFi stepping further into traditional finance
If approved, an AAVE ETF would
• Open the door for traditional capital
• Add credibility to the DeFi lending narrative
• Potentially tighten supply dynamics
DeFi is slowly crossing into Wall Street territory.