Grayscale has just submitted the S-1 filing to the SEC to request the launch of an ETF related to AAVE.
Each time a new ETF filing occurs, the market must revisit the legal story and the level of acceptance of that asset.
According to information, this is just the initial filing stage.
Whether it gets approved or not still depends on the SEC's review process.
In my opinion, this move shows that institutions are continuing to experiment with ways to bring DeFi closer to the traditional market.
If DeFi gradually appears in the ETF structure, how will the ecosystem change?
What do you think?
Each time a new ETF filing occurs, the market must revisit the legal story and the level of acceptance of that asset.
According to information, this is just the initial filing stage.
Whether it gets approved or not still depends on the SEC's review process.
In my opinion, this move shows that institutions are continuing to experiment with ways to bring DeFi closer to the traditional market.
If DeFi gradually appears in the ETF structure, how will the ecosystem change?
What do you think?