Grayscale Files Initial S-1 to Convert Bittensor Trust Into a U.S. ETP
When crypto moves from narrative to infrastructure, it stops showing up in tweets and starts showing up in filings. On December 30, 2025, Grayscale Investments submitted an initial Form S-1 registration statement to the U.S. SEC (Securities and Exchange Commission) for $GTAO (Grayscale Bittensor Trust). The filing marks the next formal step in Grayscale’s plan…