Bittensor Price Prediction: TAO Eyes $600 As ETP Launch And Halving Hype Ignite Demand

• Bittensor trades near $528 after 20% surge driven by Europe’s first staked TAO ETP on the SIX Swiss Exchange.
• Technical breakout above $480 and halving event in December support strong bullish sentiment toward $600 target.
• On-chain data show declining exchange reserves and rising accumulation ahead of tightening supply cycle.

Bittensor (TAO) price today trades near $528, extending its sharp rally after the debut of Europe’s first staked TAO ETP and rising anticipation for the network’s halving in December. The move has pushed TAO to multi-month highs, lifting sentiment across the AI token sector.

Europe’s First Staked TAO ETP Sparks Demand

TAO jumped 20% this week after Deutsche Digital Assets and Safello launched the Safello Bittensor Staked TAO ETP (STAO) on the SIX Swiss Exchange. The product offers regulated exposure to the decentralized AI network w…

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