Deutsche Digital Assets and Safello are preparing to launch STAO on the SIX Swiss Exchange in November 2025, marking a decisive milestone for Bittensor<\/a>. This exchange-traded product<\/strong> will allow investors to gain direct exposure to TAO ‘s price while capturing staking rewards<\/strong>, all with a management fee of 1.49%<\/strong>.<\/p>\n\n\n\n The arrival of this regulated investment vehicle<\/strong> opens the door to institutional capital that cannot directly hold cryptocurrencies. Simplified access for pension funds, family offices, and traditional asset managers could significantly broaden TAO’s investor base<\/strong>. This institutional momentum is already reflected in derivative metrics.<\/p>\n\n\n\n CoinGlass data reveals an increase in Open Interest on TAO futures contracts, rising from $312 to $317 million<\/strong> in intraday trading. The funding rate has also shifted into positive territory, climbing from -0.0018% to 0.0048%<\/strong>, confirming that leveraged traders are heavily betting on a bullish continuation<\/strong>. This growing conviction<\/strong> often precedes significant price movements when accompanied by fundamental catalysts<\/strong>.<\/p>\n\n\n\n