Grayscale files to launch Bittensor ETP, paving the way for TAO ETF in the US

2026-01-02 08:31:32

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According to CrowdfundInsider, Grayscale Investments has filed a preliminary registration statement with the U.S. Securities and Exchange Commission (SEC) to seek approval to launch an exchange-traded product on the (ETP) platform focused on Bittensor. This investment product is expected to trade under the ticker GTAO, providing investors with access to TAO – the native token of the Bittensor network – through a tightly regulated framework.

The S-1 filing submitted on December 30, 2025, marks the initial step in the plan to convert the current Grayscale Bittensor Trust into a spot ETF. If approved by the SEC, GTAO will become the first U.S.-listed ETP dedicated to TAO. This move indicates growing institutional interest in decentralized artificial intelligence infrastructure and reflects Grayscale’s strategy to expand its cryptocurrency portfolio within a compliant legal framework.

TAO8,13%

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