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Bittensor's AI blockchain attracts institutional interest with the launch of Europe's inaugural staked TAO ETP

Bittensor's AI blockchain attracts institutional interest with the launch of Europe's inaugural staked TAO ETP

Bitget-RWA2025/11/01 05:44
By:Bitget-RWA

- Bittensor's TAO token surged 20% to $490 after Safello and Deutsche Digital Assets launched Europe's first staked TAO ETP on SIX Swiss Exchange. - The STAO ETP offers institutional-grade exposure with 1.49% fees, fully backed by cold-stored TAO tokens and automated staking rewards. - Bittensor's $4.35B market cap growth reflects rising institutional interest in AI-driven blockchain projects and regulated crypto access. - The ETP bridges traditional finance and crypto by enabling staking returns while add

The

(TAO) token jumped by 20% on October 31, rising from $414 to $490, after Safello and Deutsche Digital Assets introduced Europe’s first staked exchange-traded product (ETP). The Safello Bittensor Staked TAO ETP (ticker: STAO), which is now trading on the SIX Swiss Exchange, provides institutional investors with access to TAO—the native token of the decentralized AI platform Bittensor—while enabling them to receive staking rewards, according to . This ETP, which has a 1.49% management fee, is entirely backed by TAO tokens kept in cold storage by a regulated custodian, as reported by .

Bittensor's AI blockchain attracts institutional interest with the launch of Europe's inaugural staked TAO ETP image 0

The launch of this ETP represents a significant milestone for Bittensor, whose market cap has reached $4.35 billion, placing it among the top 30 cryptocurrencies, according to

. The price rally happened alongside renewed institutional enthusiasm for blockchain projects powered by AI, as the global crypto market diversifies with more structured products like ETPs. Comparable products for , , and are also seeing increased interest, highlighting a broader movement toward regulated digital asset investment, according to .

Bittensor’s system, which fuses decentralized machine learning with blockchain-based incentives, has drawn developers looking for alternatives to centralized AI services. The network functions through dedicated subnets, where contributors earn TAO tokens for helping to build and verify AI models. Some industry experts liken its disruptive potential to that of Bitcoin in the financial sector, with Bittensor aiming to decentralize the AI ecosystem.

The Safello ETP capitalizes on this momentum by automating the distribution and compounding of staking rewards into the fund’s net asset value (NAV), boosting long-term gains for investors, as noted by ETF Express. Deutsche Digital Assets, which collaborated with Safello on this launch, highlighted the product’s regulatory compliance and its role in connecting traditional finance with crypto innovation.

Despite the surge driven by the ETP, TAO has experienced some recent price swings. CoinMarketCap data indicates a 4% decline over the past day, though the token’s 42% rise in October has lifted its fully diluted valuation to $8.97 billion, according to CryptoNews. Analysts point to anticipation of Bittensor’s upcoming halving event—set for December 10–11, which will reduce mining rewards by half—as a key factor behind the rally, per the Yahoo Finance report.

Technical analysis points to more potential gains ahead. Since mid-October, TAO has established higher lows, with the Relative Strength Index (RSI) at 65.7 and a bullish MACD crossover suggesting continued momentum, according to Yahoo Finance. The next major resistance is at $540, a price level last reached in May 2025.

The debut of this ETP highlights the increasing acceptance of crypto assets by institutional investors, especially in Europe. By providing a regulated and transparent staking solution, Safello and Deutsche Digital Assets are helping to lower entry barriers for more cautious investors, ETF Express observed. The product also showcases the merging of AI and blockchain, with Bittensor’s cold storage and staking features supporting regulatory compliance.

Industry figures have welcomed the development. Safello CEO Emelie Moritz described it as a “major milestone” in making decentralized AI more accessible, while Deutsche Digital Assets CEO Maximilian Lautenschläger emphasized the partnership’s importance in advancing innovative crypto strategies in a

.

As the ETP market grows, Bittensor’s unique position at the crossroads of AI and blockchain could draw more investment, especially as regulatory frameworks for digital assets continue to evolve. For now, the TAO rally signals both confidence in its underlying technology and the growing appeal of structured crypto investment products.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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