---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-015365"
form_type: "8-K"
ticker: "GTAO"
cik: "0002029297"
company_name: "Grayscale Bittensor Trust (TAO)"
filed_at: "2026-01-16T23:59:59+00:00"
generated_at: "2026-05-16T09:58:02.073911+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-015365
- form_type: 8-K
- ticker: GTAO
- cik: 0002029297
- company_name: Grayscale Bittensor Trust (TAO)
- filed_at: 2026-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2029297/000119312526015365/0001193125-26-015365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2029297/000119312526015365/tao-20260112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-015365
- JSON: https://secwatch.observer/filing/0001193125-26-015365.json
- Plain text: https://secwatch.observer/filing/0001193125-26-015365.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.