Grayscale’s TAO ETF plan seeks a listing on the NYSE Arca exchange

Grayscale Investments is seeking to turn the Grayscale Bittensor Trust into an exchange-traded fund, with an amended registration statement filed on October 23 outlining a proposed NYSE Arca listing. Under the plan, investors could gain exposure to TAO via standard brokerage accounts, with no need to actually hold the cryptocurrency. The filing with the US Securities and Exchange Commission proposes GTAO as the ETF’s ticker. The trust’s shares currently trade on the OTCQX market ; the application seeks to convert that existing product rather than introduce a separate trust.

Source: The Cryptonomist