Why Grayscale Could Catalyze 236% Gains for This Altcoin
The post Why Grayscale Could Catalyze 236% Gains for This Altcoin appeared on BitcoinEthereumNews.com.
Grayscale just made another bold move that could push one of crypto’s most promising AI tokens into the big leagues. Meanwhile, technical indicators suggest a significant upside in the cards for the token, potentially reclaiming its April 2024 all-time high (ATH). Sponsored This Altcoin Could Join Bitcoin and Ethereum in Grayscale’s Trusted Circle Grayscale Investments recently filed a Form 10 registration statement with the US SEC (Securities and Exchange Commission) for its Bittensor Trust (TAO). The filing aims to cut the private placement holding period from 12 to six months. This would allow faster liquidity for early backers and potentially attract fresh institutional inflows. If approved, the trust would begin reporting under Section 12(g) of the Exchange Act. This would require Grayscale to file 10-Ks, 10-Qs, and audited financial statements with the SEC, bringing a new level of transparency to TAO investors. “We just filed a Form 10 for Grayscale Bittensor Trust ($TAO), the first step toward becoming an SEC Reporting Company, increasing its accessibility, transparency, and regulatory status,” Grayscale wrote in a post. This marks the first step toward making TAO a publicly tradable, SEC-reporting investment product. The move effectively puts TAO in the same category as Grayscale’s flagship Bitcoin, Ethereum, and Solana trusts. Sponsored If the Form 10 becomes effective, Grayscale plans to publicly quote the trust’s shares on OTC Markets, similar to its existing products like GBTC (Bitcoin Trust) and ETHE (Ethereum Trust). More importantly, the move brings Bittensor one step closer to an exchange-traded product (ETP). Such a milestone would vastly expand TAO’s accessibility to both institutional and retail investors. On-chain data further underscores Bittensor’s growing influence, with TAO commanding roughly 33% of the DePIN (Decentralized Physical Infrastructure Network) sector’s total mindshare. Sponsored TAO Price Outlook: Is 2024 ATH In the Cards for Bittensor Price? From…
Filed under: News - @ October 12, 2025 9:25 pm