Grayscale Files Registration for Bittensor ETP
Cointelegraph
Grayscale has filed an S-1 registration statement to list its Bittensor Trust (TAO) shares as an ETP on NYSE Arca.Summary
Digital asset manager Grayscale Investments filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to list shares of its Bittensor Trust (TAO) on the NYSE Arca, under the ticker GTAO, pending SEC review. This move signals Grayscale's intention to transition its existing over-the-counter TAO product to an exchange-traded product. The filing follows Bittensor's first halving event in December. Grayscale has previously seen SEC approval for other cryptocurrency-tied offerings, such as those for Bitcoin and Ether. Separately, Grayscale is also pursuing a US IPO for its own Class A common stock on the NYSE, which was filed in November.
(Source：Cointelegraph)