Crypto's Silent Revolution: DeFi Dreams & Institutional Shifts Unveiled
Crypto Talkies: Crypto’s Quiet Shake-Up Crypto may be stuck in neutral on the charts, but under the hood, today was all about big institutions quietly repositioning, regulators drawing new lines, and some very ambitious visions for what comes next. Let’s start with the latest sign that Wall Street still has an appetite for more than just Bitcoin and Ethereum. Grayscale is pushing ahead with altcoin products, filing to convert its existing Aave trust into a spot Aave ETF (AAVE) on NYSE Arca, under the ticker GAVE. The fund would hold AAVE directly and charge a 2.5 percent fee. It is another signal that, despite choppy markets and regulatory overhang, there is ongoing institutional interest in DeFi tokens and onchain lending platforms. For Aave itself, this comes alongside a much bigger, almost sci-fi level pitch from its founder. Stani Kulechov spent the day talking not about the next lending pool, but about a $50 trillion vision. He laid out a future in which DeFi finances tok...