Grayscale has filed for a spot TAO ETF through NYSE Arca, entering the SEC regulatory process with a decision expected by August 2026. TAO tokens power Bittensor, a decentralized AI marketplace where AI models earn rewards, positioning TAO as a functional asset in AI infrastructure. Approval would enable institutional investors to access TAO via regulated exchanges without managing wallets, potentially expanding the AI token market. While approval is not guaranteed, the filing signals growing institutional interest in decentralized AI, similar to previous Bitcoin and Ethereum ETF filings that preceded significant price gains.
Ethereum has strengthened its position as the top staking network with a 12.13% weekly increase in staked market cap, reaching $78.08 billion. This growth highlights a shift of investor interest back to large-cap, liquid networks despite mixed result...
Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data show...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
