Grayscale Introduces Aave Trust, Expanding Crypto Investment Options

The new fund offers exposure to Aave's decentralized lending platform, marking Grayscale's continued growth in crypto investment products.

Grayscale has launched the Aave Trust, a fund providing investors with access to AAVE, the native token of the Aave decentralized lending protocol.
Aave operates on the Ethereum blockchain, allowing users to lend and borrow cryptocurrencies without intermediaries.
The Aave platform is the largest lending protocol in the crypto space by total value locked, despite AAVE's modest market cap of $2.3 billion.
This launch follows Grayscale's recent introduction of the Avalanche Trust and adds to its portfolio of over 20 crypto investment products.
Grayscale's product line expansion comes after the approval of spot Bitcoin and Ethereum ETFs earlier this year, increasing interest in crypto investment products.