Grayscale has applied to the SEC for the first Bittensor ETP.

Grayscale's New ETP Opens the Door to Decentralized AI

Grayscale has filed its initial S-1 registration with the SEC for the first Bittensor ETP in the U.S. This new initiative aims to provide exposure to Bittensor's TAO token.

The proposed Grayscale Bittensor Trust will trade under the ticker symbol GTAO and aims to give investors regulated access to decentralized AI tokens. This application underscores the rapid evolution of decentralized artificial intelligence and the growing institutional interest in this space.