Bittensor News

Bittensor’s TAO token surged nearly 8% after being added to South Korea’s Upbit exchange, becoming the top gainer as the broader market slid 2.5% in 24 hours. Upbit will list TAO against KRW, BTC and USDT on Feb 16, with trading restrictions in place for the first few minutes and a two-hour limit-order window. Analysts see potential for further upside, citing a recent 21% weekly gain and a bullish outlook toward $300, though continued momentum will depend on trading volume and market conditions.

Bittensor's native token TAO surged 27% in its first week of 2026 after Grayscale filed to launch a US‑based Bittensor ETF, boosting institutional interest and liquidity. Momentum indicators such as the Money Flow Index are nearing neutral, suggesting buying pressure may solidify. Historical analysis shows TAO tends to rebound from the $217 support zone to near or above $500, and current levels near $278 with resistance at $312 must be breached before further upside. If the price recovers, reduced selling pressure and institutional inflows could support a push toward the cycle’s $500 target.

Bittensor (TAO) rallied nearly 10% after Grayscale announced the Grayscale Bittensor Trust (GTAO), the first regulated vehicle giving investors exposure to the decentralized AI token. TAO climbed above $290 and 24‑hour volume topped $230 million. The trust tracks TAO’s market price via the Coin Metrics reference rate, charges a 2.5% expense ratio, and has a NAV of $7.96 per share. With Bittensor’s recent halving reducing emissions and Grayscale filing for a spot ETF, the token is being positioned as the next‑generation Bitcoin of the AI era.

Grayscale Investments filed an S-1 with the SEC to list shares of its Bittensor Trust (TAO) on NYSE Arca under ticker GTAO, moving the product from over-the-counter status to an exchange-traded vehicle. The filing follows Bittensor's December halving that capped supply at 21 million tokens, the same as Bitcoin. The SEC must approve the offering; it has green-lit other crypto-tied ETPs. Meanwhile, Grayscale remains in talks about a 2026 NYSE IPO for its Class A common stock, joining peers such as Coinbase and Gemini.

Grayscale filed an S-1 for its Bittensor Trust (GTAO), the first U.S. exchange-traded product that would hold Bittensor’s TAO token directly if approved, giving investors regulated access to a $2.3 billion market-cap AI asset. The filing follows a Swiss ETP listing by Deutsche Digital Assets and signals growing institutional appetite for decentralized AI, as asset managers package emerging crypto narratives into regulated investment vehicles.

Grayscale has filed a registration statement with the SEC to convert its Bittensor Trust into a U.S. spot ETF, the first attempt to offer direct exposure to the AI‑focused network’s native token TAO. The filing comes weeks after Bittensor’s first halving, which cut the token issuance rate and briefly depressed TAO’s price to around $222. The new ETF, which would trade on NYSE Arca under the ticker GTAO, would be custodied by Coinbase Custody Trust Company and BitGo Trust Company. The move follows Grayscale’s recent conversions of other altcoin trusts, such as the LINK ETF, and reflects growing demand for digital asset investment vehicles.

Crypto markets stay cautious, but analysts spotlight SEI, TAO, and ASTER for December’s third week, each with a key event. SEI trades at $0.124 inside a falling wedge; a bullish RSI divergence suggests upside. Dec 15 unlock adds ~55.6 M tokens, tightening supply. $0.120 is a downside risk; $0.159 could trigger a rebound toward $0.193. TAO is in a symmetrical triangle before its halving, which cuts new supply. A close above $301 breaks the triangle and could lift to $321; support at $277 shields against a fall, with deeper risk at $255. Aster’s whale holdings doubled while exchange balances rise, hinting at retail selling. The token is in a triangle with bullish RSI divergence; breaking $0.94 could push it to $1.08, while falling below $0.88 exposes $0.81 support.

Grayscale launched a Bittensor Trust, ticker GTAO, on OTCQX, making the TAO token publicly quoted just days before the network’s first halving on Dec. 14. The trust, previously private since August 2024, now offers broader U.S. investors exposure to the AI‑focused Bittensor blockchain. Bittensor, a hub‑and‑spoke chain that rewards users with TAO for providing computing power, capped its supply at 21 million and will halve emissions every four years. Grayscale’s move to a public product signals growing interest in AI‑centric crypto assets.

Bittensor (TAO) is set to hold its first halving around December 14, cutting daily token issuance from 7,200 to 3,600 TAO as the circulating supply nears the 10.5 million threshold of its 21 million cap. The event mirrors Bitcoin’s emission cuts and could boost scarcity. Analysts are split: some see a potential price lift driven by reduced supply and growing institutional interest, while others warn a “sell‑the‑news” risk, citing recent price retracements and a weak support level that could trigger a short‑term drop. Market sentiment remains cautious despite the long‑term scarcity upside.

Bittensor's first halving on Dec. 14 will cut daily TAO issuance from 7,200 to 3,600, tightening supply as the network ends its inaugural four‑year cycle. Grayscale analyst Will Ogden Moore notes that scarcity could lift price, citing Bitcoin's past halvings and Bittensor's progress toward its 21 million‑token cap; he highlights the February launch of dynamic TAO (dTAO) that made subnets investible and spurred market‑cap growth. Institutional interest has surged, with funds from Yuma Asset Management and Stillcore Capital, and public companies holding TAO treasuries; TAO trades near $282.31 despite a 28.4% month‑down, and a post‑halving price lift is expected.