After Grayscale launched the Grayscale Bittensor Trust (GTAO), the TAO token price of Bittensor surged nearly 10%, surpassing $290. GTAO is a regulated investment vehicle offering exposure to the decentralized artificial intelligence network Bittensor. The trust is traded on OTC Markets, tracking the price of TAO with a fee rate of 2.5%. The 24-hour trading volume during this rally exceeded $230 million, reflecting growing institutional investor interest in AI cryptocurrencies, especially following Bittensor's recent halving event, which reduced the daily token issuance by approximately 50%.