• Grayscale has filed an S-1 registration assertion with the SEC to transform its Bittensor Belief into the primary U.S. spot ETF for the TAO token, proposed to commerce on NYSE Arca.
  • The transfer follows the community’s first “halving” on December 14, 2025, which lowered each day token emissions from 7,200 to three,600 TAO to extend shortage.
  • Whereas the TAO token noticed a 22% value drop instantly following the halving, it has not too long ago stabilised round 222 {dollars} as institutional curiosity in decentralised AI infrastructure grows.

Grayscale has filed with the US Securities and Trade Fee (SEC) to launch a TAO-linked product, in what could be the primary US-listed exchange-traded product designed to offer traders publicity to Bittensor’s token.

The corporate submitted a registration assertion on Tuesday for the Grayscale Bittensor Belief (TAO). Grayscale mentioned the ETF would listing on NYSE Arca underneath the ticker GTAO. The submitting names Coinbase Custody Belief Firm and BitGo Belief Firm as custodians.

Grayscale confirmed the submitting in a put up on X, describing it as an early step towards changing the belief into an exchange-traded product. Chairman Barry Silbert additionally posted that the transfer displays the tempo of improvement in decentralised AI.

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Grayscale Strikes Ahead With TAO 

Grayscale’s Bittensor belief launched privately in 2024 and started buying and selling extra broadly through public citation earlier this month. 

The ETF submitting comes shortly after Bittensor’s first halving in mid-December, which lowered the tempo of recent TAO issuance, comparable in idea to Bitcoin’s scheduled provide cuts. TAO fell after the halving and has since stabilised round US$222 (AU$340), in accordance with CoinGecko.

This submitting mainly places Grayscale into an rising, international race to listing TAO-linked merchandise. In Europe, Deutsche Digital Property, a Germany-regulated exchange-traded merchandise supplier, has mentioned it should listing a Bittensor ETP on Switzerland’s SIX Swiss Trade underneath the ticker STAO.

Bittensor is a decentralised community constructed round a number of application-specific subnets targeted on AI workloads. Customers earn TAO by offering computing assets that help these subnets.

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The put up Grayscale Targets Decentralised AI With First-Ever Bittensor (TAO) ETP Filing appeared first on Crypto News Australia.