Grayscale aims to improve regulatory status and enhance transparency for $TAO by filing a Form 10, allowing it to quote shares publicly. This step aligns with Grayscale’s overall strategy for digital asset products.
At $313.72, analysts observe a bullish wedge forming for $TAO, suggesting potential upward movement toward $500 upon a confirmed breakout above $350. The firm is not currently pursuing ETP status but may consider it in the future.
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