[Grayscale: Applies to Convert Aave Trust into ETF] Odaily Planet Daily News - Crypto asset management company Grayscale has submitted an S-1 registration statement to the SEC, planning to convert its Aave Trust into the Grayscale Aave Trust ETF. The fund is planned to be listed on NYSE Arca with the ticker symbol 'GAVE' and a management fee of 2.5%. Coinbase will serve as its custodian and primary broker. Previously, Bitwise also applied to launch a similar Aave ETF. (cointelegraph)