According to TechFlow, on August 7, The Block reported that Grayscale launched two new crypto investment trusts: Grayscale Bittensor Trust and Grayscale Sui Trust. The former invests in Bittensor's native token TAO, while the latter focuses on Sui protocol's SUI token. The two trusts will join Grayscale's existing 18 crypto investment products.

Grayscale product and research head Rayhaneh Sharif-Askary said Bittensor is at the heart of the growth of decentralized artificial intelligence, and Sui is redefining the smart contract blockchain. The trust product launched this time provides investors with an opportunity to get exposure to tokens in the cutting-edge crypto ecosystem.