Grayscale's Bittensor Trust fund was officially listed on the stock market a few days before the first halving event.

Grayscale has listed the Grayscale Bittensor Trust (GTAO) for public trading on the OTCQX market, becoming the first investment product in the US to provide access to TAO, the token of the decentralized AI network Bittensor. This fund previously operated privately from August 2024 and is now expanding to include more investors.

Grayscale, part of Digital Currency Group, is a major provider of digital asset investment products, with a portfolio including Bitcoin, Ethereum, LINK ETFs, and many funds tracking tokens such as Avalanche, Zcash, BAT, NEAR, and SUI.

The event occurs just before Bittensor's first halving on December 14, which will reduce TAO emissions and increase scarcity. Bittensor functions as an open AI network, rewarding TAO for contributors who provide computational power. Grayscale considers this a significant step toward the formation of the “AI Internet.” The GTAO fund remains limited to accredited investors and will file reports with the SEC.