Bittensor (TAO) Price Breaks $500, Surges 21% After First Staked TAO ETP Launches in Europe

• Bittensor (TAO) price surged 21% to $526, breaking a 10-month resistance level
• The rally is driven by the launch of Europe’s first staked TAO ETP (STAO) by Deutsche Digital Assets
• Upcoming halving in December and soaring Open Interest are also fueling the breakout

Bittensor (TAO) price has rallied significantly, breaking a major resistance level. The mid-cap altcoin surged over 21% in the past 24 hours to trade at $526 on November 1, 2025. This move gives TAO a fully diluted valuation of $11 billion and a market cap of $5.37 billion.

According to market aggregate data from Binance-backed CoinMarketCap, TAO’s daily trading volume surged over 108% during the past 24 hours to hover around $940 million.

Why is Bittensor Price Up Today?

Europe’s First Staked TAO ETP Launches

Bittensor has received its first exchange-traded product (ETP). As institutional dema…

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