Wall Street’s appetite for AI-connected crypto products has apparently not yet cooled. Grayscale has just announced that the Grayscale Bittensor Trust, trading under the ticker GTAO, is now open for private placement to accredited investors. And honestly, the timing is not random. Bittensor’s ecosystem suddenly rose this week.
Bittensor Growth Pushes GTAO Back to Top
Canonical TAO became available on Solana through Wormhole’s Sunrise integration, opening native trading support on Jupiter Exchange and Meteora and also receiving Phantom and Solflare wallets.
It’s a beautiful surface extension for a brand that has been quietly grinding for months since February.
Meanwhile, GTAO’s numbers are beginning to show this change. The trust’s market price now sits at $9.06 while the NAV per share is $5.97. Back when TAO’s recovery started to take off earlier this year, GTAO’s market price was around $6.08 and NAV per share was around $4.39.
Grayscale GTAO Assets Continue to Grow Steadily
The Grayscale Bittensor Trust he started public on December 12, 2025, and now controls approximately $13.06 million in assets under management with 2.1 million shares. Of course, investors are still paying Grayscale-style interest, the trustee has a 2.50% net interest rate.
But let’s be real, institutional investors don’t like chasing freebies. The main issue here is luck.
TAO’s School Demand Continues to Build
GTAO remains one of the few escrow vehicles that provide access to Bittensor’s TAO token through traditional securities without direct deposit or escrow of crypto assets.
Now, with the combination of Solana increasing the amount of money and Grayscale reopening the possibility of encryption, the market is starting to improve. TAO less like an obscure AI token and more like a big crypto story. Meanwhile, Grayscale GTAO seems to be on the rise.
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