Grayscale Launches New Crypto Investment Trusts for SUI and TAO
According to The Block, Grayscale has launched two new crypto investment products: the Grayscale Bittensor Trust and the Grayscale Sui Trust. The former invests in Bittensor's native token TAO, while the latter focuses solely on the Sui protocol's SUI token. The two new trusts join Grayscale's list of 18 crypto investment products.
Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, said in a statement, “We are excited to add Bittensor and Sui to our suite of products and believe that Bittensor is at the heart of the development of decentralized AI while Sui is redefining the smart contract blockchain. With the launch of the Grayscale Bittensor Trust and Grayscale Sui Trust, we continue to provide investors with familiar products that give them access to tokens at the forefront of the crypto ecosystem's continued development.”
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.
You may also like
The Nasdaq 100 rebalancing will take effect before the U.S. stock market opens on Monday, SpaceX (SPCX.US) weight significantly rises to 2.82%.
The Nasdaq 100 Index quarterly rebalancing will take effect before the US stock market opens on September 21 (Monday). The main change is that SpaceX (SPCX.US) will see its index weighting significantly increase from about 1.28% to 2.82%.
WTI falls to near $93.50 as Middle East diplomacy hopes ease supply fears
South Korea's exports in the first 20 days of September continued strong momentum, with chip exports soaring by 259%, remaining a key driver of growth.
Early September exports from South Korea help maintain strong momentum in the chip boom.
Crypto prices
More
