Institutional Mega-Bullish: Grayscale Files for a Bittensor ETF!
Get ready, because the institutional gates are swinging wide open! In a massive vote of confidence for decentralized AI, Grayscale Investments just filed with the SEC to launch the first-ever U.S. Bittensor ETF. This bombshell news instantly fueled a fiery pump, sending TAO soaring above $220. Clearly, smart money is positioning itself for the next big wave.
This move isn’t just a simple filing; it’s a legitimacy cannonball. Grayscale aims to list the “Grayscale Bittensor Trust” ($GTAO) on the NYSE Arca, providing traditional investors with direct, regulated exposure to the TAO token. Crucially, the timing is impeccably bullish, coming just weeks after Bittensor’s first-ever halving slashed its daily issuance in half.
TAO Price Action: Are We Heading to $300?
Meanwhile, the charts are responding. TAO is now consolidating powerfully above that key $220 support level. While the Relative Strength Index (RSI) shows some trader indecision, the overall structure remains strong. The path to glory is clear: a decisive daily close above the $250 resistance could ignite the next leg up.

If bulls capture that level, we could easily see a sprint toward $280 and even the psychological $300 target by early 2026. However, always manage your risk. A breakdown below $220 might see a test of the next major support around $200. But with this ETF catalyst, the momentum is undoubtedly leaning green.
Key Takeaways
A successful breakout could target the $300 zone in the coming months.
Grayscale’s Bittensor ETF filing is a landmark event, bridging decentralized AI with traditional finance.
The filing follows Bittensor’s recent halving, creating a potent mix of reduced supply and soaring institutional demand.
TAO price broke past $220 on the news, with the next major resistance at $250.
My Thoughts
This is exactly the kind of alpha signal we watch for. Grayscale doesn’t file for just any asset. Their move validates Bittensor’s fundamental thesis as a leader in decentralized AI. This ETF narrative, combined with the post-halving supply shock, sets up TAO for a potential mega-run. It signals that institutions are no longer just watching crypto—they’re diving deep into its most innovative subsectors.


















