Bittensor (TAO)

Interesting. Another one I had to Google. It’s an AI blockchain. I once moderated a panel about AI on the Blockchain, was a bit out of my depths, but learned a lot, interesting stuff! https://t.co/XHww2C4DHU

First everyone learns about Bittensor, then everyone buys the best subnets. One step at a time 👣 $TAO

Really big news for #bittensor and $TAO @Grayscale in the US for a $TAO ETP Congrats and good luck making this happen

#Biττensor >> ∆ τ << #τₐcc > $TAO < I can't call it subnet season, it's simply the signal from the Bittensor market direction for 2026. What don't Root Stackers understand?

$TAO - Gearing up like a blue chip. Congrats to @BarrySilbert & @Grayscale for the work done. But what does it mean exactly? Let me explain. -- 1. Transition to a Spot ETF, $GTAO Grayscale has officially filed to convert the Grayscale Bittensor Trust into a Spot ETF. If approved, it will be listed on the NYSE Arca under the ticker symbol $GTAO. This follows the path of Bitcoin and Ethereum ETFs, moving the asset from a restricted private trust to a publicly traded regulated product. 2. Institutional Accessibility & Liquidity Mass Adoption: an ETF allows retail and institutional investors to gain exposure to TAO through traditional brokerage accounts (like Robinhood, Fidelity, or Charles Schwab) without needing a crypto wallet. Arbitrage Mechanism: the ETF structure introduces a creation/redemption mechanism. This ensures the share price closely tracks the actual market value of TAO, eliminating the heavy "premiums" or "discounts" often seen in private trusts. 3. Market Credibility (The "Top 20" Status) This filing coincides with Grayscale including TAO in its Top 20 high-potential assets for Q1 2025. By placing TAO alongside giants like Bitcoin and Solana, Grayscale is positioning Bittensor as the definitive leader in the Decentralized AI (DePIN/AI) sector. 4. The Staking Potential While the filing currently states that the Trust will not engage in staking (earning rewards by securing the network), it includes specific language (a "Staking Condition") that leaves the door open for future implementation. If approved later, the ETF could potentially offer "yield" in addition to price exposure. 5. Regulatory Risks The SEC's review remains the biggest hurdle. The filing explicitly mentions that if the SEC determines TAO is a security, the Trust might be forced to liquidate. However, the filing itself shows Grayscale’s confidence that the regulatory environment is becoming more favorable for Decentralized AI projects. -- In short: this is a major "legitimization" event. It prepares the ground for massive capital inflows into the Bittensor ecosystem by removing the technical and regulatory barriers for traditional investors.

What’s interesting about @Tenex_SN67 isn’t just the yield. It’s that providing liquidity is treated as mining. Your capital becomes productive work inside the network, and not idle TVL chasing emissions. You earn their subnet alpha in real time, and you’re free to convert it back to $TAO or USDC whenever you want. A very clean incentive loop between usage and rewards.

JUST IN: Grayscale has registered its Bittensor Trust with the SEC, allowing it to trade publicly on OTCQX instead of being limited to private investors. https://t.co/dt9umKf8er