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

Grayscale's New ETP: A Gateway to Decentralized AI

Grayscale has made its initial S-1 registration filing 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 filing highlights the rapid evolution of decentralized artificial intelligence and the increasing institutional interest in it.