- Grayscale opens a Decentralized AI Fund for accredited investors
- Basket holds TAO, NEAR, IP, RENDER, FIL, and GRT with components subject to change
- Methodology driven rebalancing aligns shares with reference rates and weights
Grayscale Investments has launched a Grayscale Decentralized AI Fund, creating a new pathway for accredited investors seeking exposure to the intersection of artificial intelligence and cryptocurrency. The fund offers a diversified basket of tokens from protocols operating in the decentralized AI space.
According to Grayscale’s announcement, this product is among the first investment vehicles designed specifically to capture value from native tokens underpinning decentralized AI networks. It allows eligible investors to gain exposure without handling the complexities of buying, storing, or safekeeping digital assets directly.
Related: Grayscale Adds Staking ETH & SOL ETPs as XRP ETF Decision Window Approaches
What’s Inside the Grayscale AI Fund?
Although Grayscale noted that the holdings in the newly launched AI fund are subject to change, investors can immediately find exposure to TAO, NEAR, IP, RENDER, FIL, and GRT. Those are the digital assets currently available on the new Grayscale AI fund.
In the meantime, Grayscale’s notice on its official website recognized the newly launched product as one of the first investment vehicles targeting value from the price of native tokens of decentralized AI protocols.
The fund aims to track the value of these components, adjusted for fees and expenses, based on reference rates and weightings determined by the fund manager using a predefined methodology.
Why This Matters: Institutional Access to AI Crypto
The fund’s objective states that shares reflect the values of the Fund Components based on their digital asset reference rates and weightings, less fees and expenses. A fund manager determines the components under a predetermined methodology and applies the same framework to rebalancing. The structure simplifies access for institutions that want AI-crypto exposure through a single, professionally managed vehicle
Typically, developments like Grayscale’s latest product launch create a channel for institutional investors to enter the digital assets ecosystem. It reflects directly on the crypto tokens involved, with the influx of capital boosting their demand.
For instance, TradingView’s data reflects a boost in TAO’s demand over the past few days, with the digital asset surging 35% in less than 72 hours, following the latest crypto market pullback.
Related: TAO Price Today Steadies as Grayscale Moves on a Bittensor Trust and Subnets Climb to 129
NEAR, like the other cryptocurrencies listed in Grayscale’s AI fund, also experienced a price surge. The cryptocurrency bounced off support last Friday to gain 13.9% in less than four days amid increasing demand.
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