Grayscale files for first U.S. Bittensor ETP as decentralized AI gains momentum

Grayscale has filed for the first U.S. exchange-traded product (ETP) focused on Bittensor, a decentralized AI network. This move comes as interest in decentralized artificial intelligence continues to grow, highlighting the potential for blockchain technology in the AI sector. The proposed ETP aims to provide investors with exposure to the Bittensor ecosystem, which incentivizes participants to contribute to AI development. Grayscale's initiative reflects a broader trend of integrating cryptocurrency and AI, signaling a shift in investment strategies.

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