Grayscale AAVE trust management fee rate is 2.5%, with current AUM of approximately $155,000.

According to BlockBeats news on October 5th, the management fee for Grayscale AAVE Trust is 2.5% according to the Grayscale official website. CoinDesk AAVE Price Index provides a USD-denominated reference Exchange Rate for its Spot price. As of October 3rd, the net asset value per share is temporarily reported as $14.18, with an AUM of $154,605.94. As previously reported by BlockBeats on October 3rd, Rayhaneh Sharif-Askary, the Product and Research Manager at Grayscale, stated in a declaration that Grayscale has launched a new Trust Fund that provides investment in AAVE Tokens. Trusts and ETFs are two different investment products. ETFs must obtain approval from the U.S. Securities and Exchange Commission (SEC) because they are sold directly to retail investors, while the structure of trusts and the sales promotion to accredited investors are subject to looser regulations. Nevertheless, as long as the appropriate regulatory approval is obtained, trusts can also become ETFs.