Bittensor (TAO): Grayscale adds Coinbase as a second custodian, price 10.7 percent below the weekly high

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Grayscale will have the TAO of its Bittensor trust held by BitGo and Coinbase in future and disclosed that in an 8-K on 5 October. The price stands at $275.96, 10.7 percent below the weekly high.Grayscale will have the TAO of its Bittensor trust held by two houses in future instead of one. The asset manager has added Coinbase Prime as a second custodian, with BitGo remaining primary custodian. The move is set out in an 8-K that the trust filed with the US Securities and Exchange Commission on 5 October 2026. For holders of Bittensor, this is not price news but news about the question of who holds the keys. The price itself has a weak week behind it. TAO trades at $275.96, which is 10.7 percent below the highest daily value of the past seven days, according to CoinGecko as of Friday, 9:00. Over seven days it shows a loss of 11.99 percent, over 30 days a gain of 6.39 percent. Taken together, the two describe a pullback inside a month that is still in positive territory on balance....