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#GrayscaleEyesAVESpotETFConversion Grayscale is exploring the conversion of its AVE fund into a spot ETF, a potential game-changer for crypto investors. This move could open the doors for mainstream access to AVE, allowing traditional investors to participate directly in the underlying asset rather than just the trust shares.
Key points to watch:
Regulatory approval will be crucial — the SEC’s stance on spot ETFs remains a major factor.
Market impact could be significant, potentially narrowing the premium/discount gap that exists in Grayscale trusts.
Investor accessibility improves as ETFs