Grayscale Takes Step Towards SEC Reporting with Bittensor Trust Submission

Grayscale has initiated the process of achieving full SEC reporting status by submitting Form 10 for its Grayscale Bittensor Trust (TAO), as per a report from Foresight News. This strategic move aims to increase trust transparency, accessibility, and compliance with regulations. As a result, Grayscale will pursue public trading of TAO shares on the over-the-counter market, shortening the holding period from 12 months to 6 months. This progress brings Grayscale closer to launching an exchange-traded product (ETP).