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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Grayscale files to launch Bittensor ETP, paving the way for TAO ETF in the US
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.