The Safello Bittensor Staked TAO ETP (ticker STAO, ISIN DE000A4APQY4) began trading today on the SIX Swiss Exchange, marking a historic milestone for the Bittensor ecosystem.
This is the first-ever exchange-traded product that is both physically backed by TAO and delivers full staking rewards, giving traditional investors regulated access to the Bittensor network without needing a crypto wallet.
The product offers 100% TAO backing held in cold storage with BitGo as custodian, and it follows the Kaiko Safello Staked Bittensor Index to closely track network economics and staking performance. Investors also capture the full staking yield, which has historically averaged about 7–10% APY (compounded).
The ETP carries a maximum fee of 1.49% and is already tradable through major European brokerages, including ING Diba and Commerzbank.
Additional listings are planned on Euronext Paris, Euronext Amsterdam, and Xetra, setting the stage for broader European access in the weeks ahead.
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