Safello Launches First Bittensor ETP on SIX Swiss Exchange

Nordic crypto exchange Safello has taken a significant step into the exchange-traded product (ETP) market with the launch of the first-ever Bittensor (TAO) ETP. Developed in collaboration with Deutsche Digital Assets (DDA), a crypto asset manager backed by Germany’s Deutsche Bank, this new product will list on the SIX Swiss Exchange on November 19th. The Safello Bittensor Staked TAO ETP (STAO) carries a management fee of 1.49% according to Wednesday’s announcement.