Grayscale Investments files for an ETP tied to Bittensor’s TAO token, transitioning its OTC product to NYSE Arca. The SEC will review the filing for listing under the ticker GTAO, following approvals for crypto ETFs like BTC and ETH. TAO experienced volatility, hitting $560 in Jan and dropping to $220 in April.
Grayscale eyes US IPO in 2026, filing for listing on NYSE under GRAY ticker. Kraken also filed for an IPO, reaching a $15B valuation in Sept. Both companies join the wave of crypto firms going public, like Coinbase and Gemini, amid growing interest in the digital asset market.

Read more at Cointelegraph: Grayscale Files Registration for Bittensor ETP