Safello Debuts World’s First Staked TAO ETP In Switzerland

Safello has launched the world’s first staked TAO exchange-traded product, the Safello Bittensor Staked TAO ETP, on the SIX Swiss Exchange.

Issued by DDA ETP AG, the product gives investors regulated exposure to Bittensor’s TAO token with a 1.49% management fee. The ETP reinvests staking rewards automatically, increasing its NAV over time.

Safello stores staked assets in cold storage through a regulated custodian, removing the need for investors to manage blockchain operations. The firm says the launch lowers barriers to TAO participation and supports Bittensor’s ecosystem growth.

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