Grayscale submitted an S-1 registration statement to the US SEC on December 30th, planning to transform its Bittensor trust product into a spot ETF with the ticker symbol GTAO. If approved, it will become the first TAO-type spot ETP product in the US market.

This move clearly means opening a more convenient path for ordinary investors. No need to hassle with wallets, private keys, and other complex operations—investors can participate in TAO's price performance directly through an ETF, all within a compliant framework. For institutional and individual investors who want to allocate to crypto assets but are concerned about risks, this type of product is quite valuable.

As a representative of the AI inference network niche, Bittensor has gained significant popularity in recent years. If this ETF is successfully launched, it could attract more traditional capital and further promote the maturity of the entire AI computing token ecosystem. Now, it all depends on what the SEC says. #数字资产动态追踪 $BTC $SOL