Grayscale Files for First US Bittensor TAO ETP 2025
Grayscale has filed with the SEC to launch the first U.S. Bittensor (TAO) ETP. With a $2.3B market cap, TAO represents the growing intersection of AI and blockchain.
Institutional investors are placing their bets on decentralized AI. Grayscale, the world’s largest digital asset manager, has filed an initial S-1 registration statement with the SEC for the first U.S.-listed exchange-traded product (ETP) offering exposure to Bittensor’s TAO token.
Why Grayscale Bittensor TAO ETP 2025 Matters
The proposed Grayscale Bittensor Trust, expected to trade under the ticker GTAO, marks a significant step in bringing decentralized AI (DeAI) into mainstream crypto markets. According to Grayscale chairman Barry Silbert, this move reflects the rapid evolution of the sector. "Decentralized AI is developing quickly, and Grayscale is pioneering access," Silbert stated on X.
The $2.3 Billion DeAI Powerhouse
Bittensor operates as an open network that uses crypto-economic incentives to coordinate machine learning development. Its native token, TAO, currently boasts a market cap of approximately $2.3 billion, per CoinDesk data. The project has gained significant traction as a decentralized alternative to traditional, siloed AI development models.
SEC approval is not guaranteed, and the regulatory path for emerging crypto-AI assets remains complex.
This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.
Related Articles
Grayscale's latest report suggests Grayscale 2026 crypto market regulation will be the primary driver for digital assets, overshadowing quantum computing fears.
Bitcoin and ether spot ETFs experienced over $232 million in outflows ahead of Christmas, led by BlackRock's IBIT and Grayscale's GBTC, as traders reduced risk in a low-liquidity market.
Grayscale's 2026 outlook signals the end of crypto's halving-driven cycles. Discover the institutional trends and actionable strategies investors need now.
Meta's $2B Manus acquisition and analyst picks for 2026 AI winners including Microsoft, Apple, and CrowdStrike. Detailed price targets and growth analysis.
Grayscale's latest report suggests Grayscale 2026 crypto market regulation will be the primary driver for digital assets, overshadowing quantum computing fears.
Bitcoin and ether spot ETFs experienced over $232 million in outflows ahead of Christmas, led by BlackRock's IBIT and Grayscale's GBTC, as traders reduced risk in a low-liquidity market.
Grayscale's 2026 outlook signals the end of crypto's halving-driven cycles. Discover the institutional trends and actionable strategies investors need now.
Meta's $2B Manus acquisition and analyst picks for 2026 AI winners including Microsoft, Apple, and CrowdStrike. Detailed price targets and growth analysis.