Grayscale started a single-asset fund based on Aave protocol (AAVE). The fund is only available through private subscription for accredited investors.

Grayscale Investments, the world's largest crypto asset manager, has announced the launch of its AAVE single-asset Trust fund, offering qualified investors exposure to the decentralized finance (DeFi) token. The AAVE Trust adds to Grayscale's growing suite of crypto investment products, including other recent offerings like Avalanche, Sui, and Bittensor Trust funds.

Grayscale, the American digital currency asset management company, has launched an Aave fund, providing investors with exposure to the AAVE token. This new offering expands Grayscale's lineup of crypto investment products, which now includes over 20 different vehicles.

Crypto asset manager Grayscale has introduced a new investment product providing exposure to Aave‘s native token, (CRYPTO: AAVE), as part of the firm's ongoing efforts to offer a wider range of innovative crypto investment products. It enables users to borrow cryptocurrency by using their existing tokens as collateral and also allows them to lend their crypto assets to earn interest.

Grayscale now has a trust that gives investors access to Aave, a DeFi protocol on Ethereum and the 44th biggest digital token by market cap.

The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.

Grayscale has announced the launch of the Grayscale Aave Trust—a crypto investment fund focused on the DeFi lending protocol Aave, according to an Oct. 3 statement. Following the announcement, Aave's token (AAVE) saw a 3% increase within the last hour, reaching $143, according to data from CryptoSlate.

Grayscale's expansion into Aave highlights growing institutional interest in DeFi, potentially accelerating blockchain adoption in traditional finance. The post Grayscale Investments adds Aave trust to its crypto product suit appeared first on Crypto Briefing.

TL;DR Grayscale launches the Grayscale® Aave Trust, offering exposure to AAVE. Aave is a decentralized platform for lending and borrowing without traditional intermediaries. The Trust is available to accredited investors with daily subscriptions.

Grayscale Investments has launched the Grayscale Aave Trust, offering accredited investors exposure to AAVE.

Grayscale Investments has launched the Grayscale Aave Trust, offering accredited investors a new way to gain exposure to AAVE, the native token of Aave.

Grayscale Investment launched a new fund on Thursday that provides investors exposure to governance token AAVE.

AAVE Price has recovered following Grayscale's announcement of the launch of its Grayscale Aave Trust. This fund will provide institutional investors exposure to the decentralized finance (DeFi) token.

Aave is a decentralized lending platform based on the Ethereum blockchain that offers automated loans of cryptocurrency using other tokens you own as collateral. It also lets users lend out their crypto to earn interest.

Market dynamics for AAVE are now increasingly bearish, with a market sell-off imminent.

Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher.

Fenbushi Capital took losses on some of its holdings, divesting former DeFi stars like COMP, AAVE and UNI. Fenbushi also sold its EIGEN allocation.

Looking ahead, AAVE V3's growth trajectory and the overall DeFi resurgence suggest increasing confidence in decentralized financial protocols.

AAVE has a lot of momentum right now, but is that too good to last?

WBTC bridges the gap between BTC and ETH. Yet, AAVE has reaped the most benefits, amassing 37K WBTC in supply.

It's been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8 million.

WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.

AAVE soars above $153.98 resistance with bullish momentum; traders eye $200 and beyond. Can it reach $261?

Aave (AAVE) has surged to its highest price in over a year, reaching $172, marking a significant milestone for the decentralized finance (DeFi) platform. This price surge has propelled the platform to new heights, driving up its market capitalization and signaling renewed confidence among investors.

Aave's dominance grows with bullish metrics, stablecoin success, and multichain expansion.

Aave (AAVE) has soared to its highest price in over a year, driven by a strong bull trend and significant growth in Total Value Locked (TVL).

The altcoin market exhibited mixed signals as Bitcoin struggled to reclaim the $64,000 mark, trading at $63,782 at the time of this publication. Cardano has rejoined the top ten cryptocurrencies by market capitalization, AAVE is targeting $200 after overcoming a crucial hurdle, and Render is signaling consolidation following last week's impressive rallies.

Aave pushed its net deposits to above $20B, spread across 13 blockchains. The lending protocol grows its GHO supply, while testing the community for removing WBTC as collateral.

AAVE price pulled back on Tuesday, Sept. 24, as on-chain data showed an increase in centralized exchange outflows.

Given that AAVE has more than doubled in price since August, are there telltale signs of overheating?

AAVE price surged 9% during the U.S. trading session on Monday, climbing among the top gainers according to Coinmarketcap. With a six-day rally, the altcoin breaks out of a two-year accumulation trend and retests at $180, a level last recorded in late April 2022.

AAVE rose 20% Wednesday to $170, a level not seen since May 2022. An asset in accumulation for more than two years is attracting traders and analysts who feel it has additional upside potential.

AAVE, a leading player in the decentralized finance (DeFi) space, is making waves in the cryptocurrency market as it attempts to break through significant resistance levels. With its price recently trading above $154, many analysts are eyeing a potential surge toward $200 by the end of the year.

The AAVE price surged 3% during the Sunday training session, defying the low volatility momentum in the broader crypto market. This high-momentum rally pushed the asset to a peak of $162.5, a level not seen since May 2022.

Bitcoin's rally to $64,000 increased traders' interest in altcoins like AVAX, SUI, TAO and AAVE.

LlamaRisk, Aave's risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo's Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform.

AAVE, the second player in decentralized finance, has done well this year, jumping to its highest point since 2022.

In Q3, AAVE recorded remarkable growth on price chart and fundamentals. Can the alt reclaim its ATH?

Aave's bullish momentum continues, driven by strong fundamentals, and sentiment.

To confirm a breakout from the 800-day range, the price needs to stay above $154 for an extended period.

AAVE is a decentralized protocol that allows users to lend and borrow a variety of cryptocurrencies without intermediaries. It has gained popularity due to its innovative features, such as flash loans and interest rate switching.

AAVE's bullish movement in the past month will likely extend further.

AAVE rejected at $146 resistance, now traders await either consolidation or a potential breakout.

Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.

AAVE has been on a roll recently, showcasing a remarkable increase in value. In the last 24 hours alone, the token appreciated by 4.25%.

Aave price remains strong ahead of the launch of Trump's DeFi project, as Donald Trump survived his second assassination attempt in two months at his Florida golf club. The FBI confirmed that Trump is unharmed and quickly apprehended the suspect.

AAVE has recently posted gains that place it among the market's top performers, but this momentum may be short-lived.