Grayscale Bittensor Trust shareholders approve staking, cash creation, and fee changes

Grayscale Bittensor Trust (TAO)

All seven proposals approved via deemed consent by 100% of outstanding shares as of Dec 28, 2025.
Sponsor authorized to stake TAO through Bittensor proof-of-stake; may earn staking rewards and charge a Sponsor's Staking Fee.
Baskets may now be created/redeemed for cash instead of only in-kind TAO transfers.
Sponsor's Fee will be paid daily in arrears; omnibus accounts allowed for efficient creation/redemption.
Second Amended and Restated Trust Agreement executed Jan 12, 2026, effective upon approval.

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