Bitwise & Grayscale File for Bittensor (TAO) ETF — Is a Rebound Coming?
◼️ Institutional momentum builds
Bitwise and Grayscale have filed with the U.S. SEC to launch spot TAO ETFs, signaling rising institutional interest in decentralized AI.
◼️ ETF details
▪️ Bitwise
$TAO Strategy ETF: ~60% direct TAO exposure
▪️ Grayscale seeks to convert its Bittensor Trust into $GTAO ETF on NYSE
▪️ Current Grayscale TAO AUM: ~$7.9M
◼️ Why it matters now
▪️ AI narrative accelerating globally
▪️ TAO powers Bittensor’s decentralized AI network (miners & validators)
▪️ Inflation halving (Dec 2025) tightened supply
▪️ Network hosts dozens of active AI projects
▪️ TAO market cap ~$2.3B
◼️ Price action & outlook
▪️ TAO trades near $221, up modestly on ETF news
▪️ Long-term demand zone tested multiple times
▪️ Analysts see potential for a major rebound into 2026, with bullish targets far above current levels
◼️ Big picture
ETF filings + AI adoption + reduced inflation = structural tailwinds for TAO if approvals move forward.
#TAO #AIcrypto #ArifAlpha