Grayscale files spot
$AAVE ETF | Sparks institutional shift narrative
At the start of February 2026, Grayscale filed with the SEC to convert its Grayscale Aave Trust into a spot AAVE ETF. The product would list on NYSE Arca and directly track AAVE.
Notably, the proposal included a 2.5% sponsor fee paid in AAVE, with Coinbase as custodian.
With AAVE near a $1.8B market cap, the filing shifted tone. This led to a hard question about institutional intent. Despite these advancements, approval remained uncertain.
However, the signal was clear: traditional finance was watching closely.
🪧Is AAVE entering its institutional era?
Derivatives rebuilt. Weekly Active Addresses recovered. The token reclaimed ascending support. Meanwhile, Grayscale’s ETF filing pulled institutions into the conversation.
As we progress into 2026, sustained strength above $148–$180 would confirm expansion.
Should the trend continue, institutional doors could open wider, placing AAVE closer to the level of attention seen with Ethereum and Bitcoin.
💥 Open Interest rebounds: AAVE reclaims ascending support
Utility altcoins often see attention most times when Bitcoin bounces back from reversals. That’s exactly what happened to this DeFi lending protocol token.
On the 15th of February 2026, as Bitcoin pushed heavily toward $70K, risk appetite returned across the market. AAVE reacted immediately.
Summary 👀
AAVE combined structural recovery, rising Open Interest, and network growth into one forceful rebound.
Grayscale’s ETF filing intensified institutional attention, but resistance levels still demanded respect.
#AAVE #ETF