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 artificial intelligence network. This move comes as interest in decentralized AI continues to grow, highlighting the potential for blockchain technology in the AI sector. The proposed ETP aims to provide investors with exposure to Bittensor's unique model, which incentivizes participants to contribute to the network's development. Grayscale's initiative reflects a broader trend of integrating cryptocurrency and AI, positioning itself at the forefront of this emerging market.

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