

Grayscale Investments, a crypto asset manager, has introduced two new investment trusts: Bittensor and Sui. On August 7, the firm announced that these trusts would focus on TAO and SUI
Grayscale has announced the launch of two new trusts, the Grayscale Bittensor Trust and Grayscale Sui Trust, offering exposure to TAO and SUI tokens, respectively. These trusts are available for subscription, but only to eligible individuals and institutional accredited investors.
The Bittensor protocol utilizes TAO tokens to incentivize open-source artificial intelligence development. The Sui blockchain, on the other hand, serves as a layer-1 smart contract platform for decentralized applications, with SUI as its native token.
These trusts, like Grayscale’s other single-asset investment trusts, provide a unique way to gain exposure to crypto assets without directly acquiring the tokens themselves. This model is exemplified by the Grayscale Bitcoin Trust, which allows investors to gain exposure to Bitcoin through a traditional investment vehicle.
Grayscale has a history of offering crypto investment vehicles, with the Grayscale Bitcoin Trust and Ethereum Trust being notable examples. The Ethereum Trust, which was recently converted into an exchange-traded fund (ETF), has seen a lot of activity. On August 1, the fund experienced outflows of about $78 million, pushing its cumulative outflows over $2 billion. Analysts suggest that these outflows may subside, potentially benefiting Ether.
The institutional interest in crypto assets is growing, and BlackRock’s spot Ether ETF has also seen strong inflows, accumulating nearly $900 million since its launch. This development reflects a broader trend in the investment landscape, with institutions showing increasing interest in digital assets.
Grayscale’s new Bittensor and Sui trusts are the latest additions to its product offerings. By focusing on TAO and SUI tokens, Grayscale continues to lead in providing structured, accessible crypto investments to accredited investors.
The above is the detailed content of Grayscale Introduces Bittensor and Sui Trusts to Provide Accredited Investors Access to TAO and SUI Tokens. For more information, please follow other related articles on the PHP Chinese website!

Grayscale Investments has taken a huge step by introducing two new cryptocurrency investment trusts: the Grayscale Bittensor Trust and the Grayscale Sui Trust.

Grayscale Investments has continued to grow its product portfolio by coming up with the Grayscale Avalanche Trust. This new fund is targeting the accredited investors to assist them to make investment on AVAX

Following the successful Ethereum Mini Trust model, the SEC has now approved Grayscale's Bitcoin Mini Trust ETF. This will launch at a low 0.15% fee.

Grayscale Investments, a crypto asset manager, has introduced two new investment trusts: Bittensor and Sui. On August 7, the firm announced that these trusts would focus on TAO and SUI

Grayscale Investments, the largest crypto fund manager in the world, has made a new significant step forward in the cryptocurrency market with the launch of the Grayscale Avalanche Trust

CSS过滤属性指南:filter和grayscale引言:CSS中的过滤属性(filter)可以为网页添加各种特效和效果,使页面更加丰富和吸引人。其中,grayscale(灰度)是一个常用的过滤效果,可以将图像转化为黑白色调。在本文中,我们将介绍filter属性的使用方法和代码示例,特别是针对grayscale效果的实现。一、filter属性简介:f

In a significant move in the cryptocurrency market, the Grayscale Ethereum Trust ETF (ETHE) experienced a historic net outflow of $1.514 billion.

The company unveiled similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SAP NetWeaver Server Adapter for Eclipse
Integrate Eclipse with SAP NetWeaver application server.

Atom editor mac version download
The most popular open source editor

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.
