BREAKING
100d 13h ago

Grayscale Bittensor Trust Opens on OTCQX Under GTAO as TAO Halving Nears, Boosting Scarcity

TAO

TAO/USDT

$284.70
+3.34%
24h Volume

$860,956,334.74

24h H/L

$300.70 / $270.60

Change: $30.10 (11.12%)

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data
TAO
TAO
Daily

$284.70

1.61%

Volume (24h): -

Resistance Levels
Resistance 3$341.8387
Resistance 2$315.20
Resistance 1$295.9232
Price$284.70
Support 1$278.1199
Support 2$264.4871
Support 3$249.3432
Pivot (PP):$282.3667
Trend:Uptrend
RSI (14):79.6

COINOTAG News, citing The Block, reported on December 11 that Grayscale‘s Bittensor Trust has moved into the secondary market on OTCQX, trading under the ticker GTAO. The trust, private since its August 2024 inception, is now accessible to a broader base of investors through public quotation, enhancing liquidity and establishing clearer price discovery for TAO exposure.

In parallel, TAO’s supply dynamics are set to tighten with a scheduled halving on December 14, reducing the token issuance allocated to network participants. The move underscores a disciplined supply trajectory and may influence staking economics, as the publicly quoted GTAO framework continues to provide credible market access to the Bittensor ecosystem.

Share News:
Don't Miss Breaking News