The proposed TAO investment vehicle, one of the first exchange-traded product The proposed TAO investment vehicle, one of the first exchange-traded product

Grayscale moves toward exchange listing for TAO trust in US

The proposed TAO investment vehicle, one of the first exchange-traded products that could be available to US markets, is expected to be listed on NYSE Arca following approval.

Digital asset management company Grayscale Investments has filed to list and trade shares of an exchange-traded product (ETP) tied to Bittensor’s native token, TAO.

In a Tuesday filing with the US Securities and Exchange Commission, Grayscale filed an S-1 registration statement for shares of its Bittensor Trust (TAO). The filing came more than a year after the asset manager introduced the TAO trust and signals Grayscale’s move to transition its over-the-counter TAO product to NYSE Arca.

The filing is subject to SEC review before listing under the ticker GTAO. The SEC has green-lit several exchange-traded fund offerings from Grayscale tied to cryptocurrencies, including those for Bitcoin (BTC) and Ether (ETH).

Read more

Market Opportunity
Bittensor Logo
Bittensor Price(TAO)
$221.44
$221.44$221.44
-1.06%
USD
Bittensor (TAO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.