Grayscale Bittensor Trust (GTAO) Form S-1/A — Oct 23, 2026
Grayscale Bittensor Trust filed an S-1/A amendment to register an indeterminate number of Shares for continuous issuance, with plans to list on NYSE Arca under the ticker 'GTAO' and rename the Trust as Grayscale Bittensor ETF upon effectiveness. The Shares currently trade on OTCQX under GTAO, and the Trust issues and redeems Shares only in Baskets of 10,000 Shares with Authorized Participants, in-kind or in cash. The Trust holds TAO, the native asset of the Bittensor Network, and had net assets of approximately $9.4 million as of June 30, 2026, down 20% for the quarter as TAO fell from $306.80 to $202.57.
Key figures
- Net Assets
- 9385000
- Period Change
- Net assets $9,385 thousand at June 30, 2026, a 20% decrease for the three-month period
- Tao supply cap
- 21000000
- Basket size shares
- 10000
- Tao price dec 31 2024
- 444.19
- Tao price dec 31 2025
- 220.32
- Tao price jun 30 2026
- 202.57
- Tao price mar 31 2026
- 306.8
- Nav per share jun 30 2026
- 3.85
- Tao market cap approx usd
- 3500000000
- Tao circulating staked pct
- 64
- Tao per share as of sep 30 2026
- 0.0189
AI analysis
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