Grayscale Moves Forward With Plan to List Bittensor ETF on NYSE Arca
Photo: TheCoinrise
The asset manager is seeking to bring a TAO-linked exchange-traded fund to the New York Stock Exchange's Arca platform. Grayscale is pushing forward with a plan to bring a Bittensor-linked exchange-traded fund to NYSE Arca, according to reports from CoinGape and The Cryptonomist. The filing would mark another step in Grayscale's ongoing effort to translate its existing crypto investment products into listed, exchange-traded structures. Bittensor, known by its native token TAO, is a decentralized machine-learning network. It rewards participants for contributing computational resources to a peer-to-peer system designed to incentivize open artificial intelligence development.
Source: TheCoinrise
