Bittensor

<h4><strong>These new offerings expand Grayscale’s portfolio, which already includes over 20 crypto investment products.</strong></h4> 
<p>The Grayscale Bittensor Trust is focused exclusively on TAO, the native token of the Bittensor protocol.</p> 
<div class="group/conversation-turn relative flex w-full min-w-0 flex-col agent-turn"> 
 <div class="flex-col gap-1 md:gap-3"> 
  <div class="flex max-w-full flex-col flex-grow"> 
   <div class="min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto" dir="auto" data-message-author-role="assistant" data-message-id="c1a91ab0-7ecc-4d38-959c-9a008d53ab35"> 
    <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]"> 
     <div class="markdown prose w-full break-words dark:prose-invert light"> 
      <h5><strong>Grayscale Unveils New Bittensor and Sui Trusts</strong></h5> 
     </div> 
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p><a href="https://bittensor.com/" target="_blank" rel="noopener">Bittensor</a> is an innovative platform that uses tokens to incentivize the development and contributions to open-source AI. The Bittensor Trust offers investors exposure to TAO, supporting the growth of decentralized AI technologies.</p> 
<p>On the other hand, the Grayscale® Sui Trust is dedicated to <a href="https://www.coingecko.com/en/coins/sui" target="_blank" rel="noopener">SUI</a>, the token associated with the Sui protocol. Sui is a high-performance Layer 1 blockchain designed to support scalable decentralized applications on a global scale. The Grayscale® Sui Trust offers investors a way to gain exposure to the SUI token. This aligns with the growing interest in blockchain solutions that drive advanced decentralized applications.</p> 
<p><img decoding="async" class="wp-image-147711 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vcxfdgfgfhgn-268x300.png" alt="" width="448" height="501" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vcxfdgfgfhgn-268x300.png 268w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vcxfdgfgfhgn-376x420.png 376w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vcxfdgfgfhgn.png 398w" sizes="(max-width: 448px) 100vw, 448px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/Grayscale/status/1821170731478356476" target="_blank" rel="noopener">X</a></strong></h6> 
<p>These new trusts reflect Grayscale’s commitment to expanding its range of investment products. This expansion responds to the evolving landscape of cryptocurrency and blockchain technology. By offering dedicated investment vehicles for TAO and SUI, Grayscale aims to cater to investors seeking targeted exposure to emerging technologies in the crypto space.</p> 
<p><img decoding="async" class="wp-image-147712 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vxccvxffdfgd-157x300.png" alt="" width="410" height="783" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vxccvxffdfgd-157x300.png 157w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vxccvxffdfgd-220x420.png 220w, https://www.altcoinbuzz.io/wp-content/uploads/2024/08/vxccvxffdfgd.png 304w" sizes="(max-width: 410px) 100vw, 410px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/Grayscale/status/1821170773740106199" target="_blank" rel="noopener">X</a></strong></h6> 
<p>Finally, the introduction of the Grayscale® Bittensor Trust and the Grayscale® Sui Trust highlights Grayscale’s strategy to capitalize on niche opportunities within the broader crypto market.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone wp-image-123700 size-full" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" sizes="(max-width: 1197px) 100vw, 1197px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg 1197w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1068x132.jpg 1068w" alt="" width="1197" height="148"></a></p> 
<div class="youtube-embed" data-video_id="w8_dy2M3718">
 <iframe title="STRONGEST BOUNCE Altcoins - Monitor These" width="696" height="392" src="https://www.youtube.com/embed/w8_dy2M3718?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div> 
<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/grayscale-launches-bittensor-and-sui-crypto-trusts/">Grayscale Launches Bittensor and Sui Crypto Trusts</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Grayscale Launches Bittensor and Sui Crypto Trusts

Altcoin Buzz

Other articles published on Aug 7, 2024

Is It Too Late To Buy MEW? Cat In A Dogs World Price Soars 16% And This Might Be The Next Crypto ...

Solana (SOL) Price Continues to Rise Against the Odds, Here Are Key Targets

Crypto Market Shocker: $2 Trillion Comeback Leaves Investors Stunned!

Iris Energy: Electricity Costs Surge in July

UK-based tech startup could become Nvidia of quantum

Bitcoin needs to break $56K-$57K resistance to resume recovery, research shows

Join our free newsletter for daily crypto updates!