Bittensor TAO Price Rally: Safello’s ETP Sparks Bullish Outlook to $355

• TAO trading slightly higher today despite broader weekly weakness.
• Analyst views current range as a potential long-term accumulation zone.
• Safello’s new staked TAO ETP expands regulated access across Europe.

Bittensor TAO is currently trading at $327.32, a 2.18% rise in the past 24 hours. Market activity also strengthened modestly, with trading volume climbing 3.47% to $228.77 million. Despite today’s improvement, TAO’s seven-day average price of $327.91 reflects a 6.66% pullback, echoing broader uncertainty across the digital asset market.

TAO Holds Steady in Weekly Reaccumulation Zone

Crypto analyst CryptoPulse noted that TAO continues to move sideways on the weekly chart, holding between $285 and $307, a pattern he identifies as a reaccumulation zone. 

According to his assessment, TAO is currently positioned above its weekly support level, framing the ongoing consolidation as a favorable environment for structured spot accumulation. He added that as long as weekly candles remain above this support band, “every dip offers an opportunity for disciplined DCA positioning.”

Safello Launches STAO ETP on SIX Swiss Exchange

In a development of regional significance, Nordic cryptocurrency exchange Safello has launched the Safello Bittensor Staked TAO ETP on the SIX Swiss Exchange. Trading under the ticker STAO, the product is priced in U.S. dollars and offers investors regulated access to Bittensor’s growing ecosystem.

Issued by DDA ETP AG, the exchange-traded product carries a 1.49% management fee and reinvests staking rewards directly into the ETP, allowing its net asset value to compound over time. 

The staked TAO backing the product is secured via a regulated custodian, eliminating the need for investors to handle blockchain operations or manage staking independently.

Maximilian Lautenschläger, CEO of DDA, described the listing as a milestone for the firm’s structured digital asset platform, emphasizing its role in broadening institutional and retail participation. 

Safello, which earns revenue based on assets under management, expects financial outcomes to depend on overall investor demand as well as market performance.

Also Read | Bittensor (TAO) Price Slides Toward $280–$300 Support With $520 in Sight

Safello Unveils First Staked TAO Exchange-Traded Product

Safello CEO Emelie Moritz highlighted that STAO represents the world’s first exchange-traded product backed by staked TAO, calling it a step forward for accessibility within the Bittensor ecosystem. 

The ETP tracks the Kaiko Safello Staked Bittensor Index (KSSTAO), which captures both TAO’s price movement and accumulated staking rewards, presenting the product as a total-return investment vehicle.

The launch arrives during a period of heightened volatility, digital asset products recently recorded $2 billion in outflows, according to market data, yet the introduction of STAO offers a regulated alternative for investors seeking exposure with embedded yield features. 

For Safello, which has served more than 418,000 users since its founding in 2013, the product marks another step in bridging traditional finance and emerging blockchain-based networks.

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