Grayscale & Bitwise Go All-In on TAO ETFs! Will AI Save Bittensor? 🚀

Just when you thought the SEC was done playing hide-and-seek with crypto, Grayscale and Bitwise waltzed in with a fresh batch of ETF applications for Bittensor (TAO). Because nothing says “institutional confidence” like filing paperwork during a global AI arms race. Or, as we like to call it, “Monday morning at the SEC.”

Bittensor ETF in 2026 Amid AI Boom

Bitwise’s latest move? Filing 11 spot crypto ETFs with the SEC-because why stop at one when you can overload the regulator’s inbox? Among the glittering gems in their portfolio is the Bitwise TAO Strategy ETF, which promises to split funds 60/40 between TAO and an ETP. Because diversification is overrated, right?

Meanwhile, Grayscale isn’t playing games. They’ve converted their Bittensor Trust into an ETF (ticker: GTAO) and managed to amass $7.9 million in AUM. To put that into perspective, that’s about what it costs to buy a small island nation-or a really good cup of coffee if you’re Elon. 🏝️☕

Grayscale filed an S-1 for $GTAO, which would be the first Bittensor $TAO ETP in the U.S.

Decentralized AI is developing quickly and @Grayscale is pioneering access

– Barry Silbert (@BarrySilbert) December 30, 2025

Why Now?

Let’s not pretend this isn’t all about AI. The TAO token is the ecosystem’s fuel-like a gas station for neural networks. And who knew miners and validators could get so worked up about rewards? Especially after the network’s inflation halving in December 2025. It’s like crypto’s version of the Fed tapering, but with more buzzwords and fewer meetings. 🤖💸

The TAO market cap now sits at $2.3 billion. For context, that’s enough to buy 1.1 billion slices of pizza. Or, you know, fund a few more AI projects. Either way, someone’s hungry. 🍕

What’s Next for TAO Price?

Well, the ETF filings have already given TAO a 1.1% boost to $221. Because nothing says “bullish” like a 22nd-century token trading at a 2010s gas price. But hey, at least it’s not Bitcoin. (Wait, is it?)

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2025-12-31 01:57