Grayscale AAVE Trust has a management fee of 2.5% and its current asset management scale is approximately US$155,000

BlockBeats reported that on October 5, according to Grayscale's official website, the management fee of Grayscale AAVE Trust was 2.5%, and the CoinDesk AAVE Price Index provided a reference exchange rate denominated in US dollars for its spot price. As of October 3, the net asset value per share was temporarily reported at US$14.18, and the asset management scale was US$154,605.94.

BlockBeats previously reported that on October 3, Rayhaneh Sharif-Askary, head of Grayscale products and research, said in a statement: Grayscale has launched a new trust fund that provides investment in AAVE tokens. Trusts and ETFs are two different investment products. ETFs must be approved by the U.S. Securities and Exchange Commission because they are sold directly to retail investors, while the structure of the trust and sales promotion to qualified investors are subject to looser supervision. Even so, a trust can become an ETF as long as it obtains proper regulatory approval.