Grayscale requests SEC approval for an ETF dedicated to Bittensor

The U.S. asset management company Grayscale Investments has recently filed a preliminary request with the Securities and Exchange Commission to launch an ETF focused on Bittensor, the decentralized artificial intelligence project. According to industry sources reported by ChainCatcher, this move signals an important step toward integrating TAO tokens into regulated U.S. financial markets.

SEC approval of Grayscale’s application could pave the way for the first Bittensor ETF in the traditional market, potentially attracting interest from institutional and retail investors operating through regulated investment channels. The move reflects the growing attention of asset management firms toward emerging digital assets and the sector’s desire to offer clients exposure to innovative blockchain projects through traditional investment vehicles.

The preliminary filing with the SEC marks the first step in a process that typically requires careful review by the regulatory authority. If approved, Grayscale’s Bittensor ETF could transform how investors access TAO, simplifying access to the token through regulated bank accounts with affiliated brokers.