Bittensor (TAO) ripped as much as 33% after Grayscale filed a Form 10 with the U.S. Securities and Exchange Commission for the Grayscale Bittensor Trust.

If the filing becomes effective, the trust would begin reporting like a public company (10-K/10-Q with audited financials), shorten private placement lockups from 12 to 6 months, and pave the way for OTC quotation, the same playbook Grayscale used to scale access to BTC and ETH.

For TAO, the timing is important: it sits at the crossroads of two hot narratives, decentralized AI and institutional crypto. Easier, regulated access could channel new liquidity into TAO and legitimize the asset for treasuries, funds, and RIAs seeking exposure to on-chain AI infrastructure without custody headaches.

Bittensor (TAO) Price Action: Key Levels, Mo

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