TAO Price Today Steadies as Grayscale Moves on a Bittensor Trust and Subnets Climb to 129

• Grayscale files Form 10 for BitTensor Trust, widening institutional access to TAO.
• TAO price today steadies around $425 as the network reaches 129 AI subnets.
• Subnet growth boosts staking and validation demand across the TAO marketplace.

Grayscale filed a Form 10 for a BitTensor (TAO) Trust, a step that would make the vehicle an SEC-reporting product once effective. The news landed when TAO steadied around $425, and framed the day’s narrative around institutional access and SEC disclosures rather than hype.

Why The Form 10 Matters For Institutional Access

A Form 10 does not create an ETF; rather, it adds periodic SEC reporting, which can help institutional investors that need audited disclosures before allocating. Similar paths in other assets improved distribution and diligence workflows, giving larger managers clearer footing to evaluate exposure.

BitTens…

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