Key facts
- Grayscale updated its S-1 filing for a Bittensor ETF with the US SEC.
- The ETF is intended to list on NYSE Arca under the ticker GTAO.
- BitGo Bank & Trust and Coinbase Custody will serve as custodians.
- TAO price has seen volatility amid ETF news and broader AI market concerns.
Grayscale has filed an amended registration statement with the US Securities and Exchange Commission for its proposed Bittensor ETF, signaling progress toward a potential launch on NYSE Arca under the ticker GTAO. The filing indicates BitGo Bank & Trust as the primary custodian, with Coinbase Custody as an additional custodian, and Coinbase acting as prime broker. The Bank of New York Mellon will serve as transfer agent and administrator. Creations and redemptions will be handled via in-kind transfers of TAO in Baskets of 10,000 shares. Staking plans for the ETF are still under consideration.