Grayscale Moves Toward Exchange Listing For TAO Trust In US

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 and Ether.

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