Deutsche Digital Assets and Safello Launch First Staked Bittensor ETP on SIX Swiss Exchange

Highlights:

• Staked Bittensor ETP offers investors regulated exposure to Bittensor’s TAO with staking rewards.
• The ETP launches on the SIX Swiss Exchange under the ticker STAO.
• It combines decentralized AI exposure with secure, physically backed custody.

Nordic crypto exchange Safello and Deutsche Digital Assets (DDA) have announced the launch of Staked Bittensor ETP. The new product will offer investors regulated access to the Bittensor TAO token and receive staking rewards. According to the press release, the ETP will trade on the SIX Swiss Exchange under the ticker STAO.

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The initiative marks the first step for Safello into the exchange-traded products market. Moritz, the CEO of Safello, stated that the launch indicates the company’s commitment to decentralized AI as a significant force in digital finance. She also pointed out that Bittensor demonstrates the combination of blockchain and AI to form new value models.

The product was issued by DDA ETP AG, which is a European crypto asset manager backed by Deutsche Bank. The ETP will be domiciled in Liechtenstein, which provides complete regulations and protection of investors. The trading is set to commence on November 19, 2025.

🇨🇭JUST IN: Deutsche Digital Assets & Safello to list a staked Bittensor $TAO ETP on the Swiss Exchange. pic.twitter.com/UPFJpRJg4Y

— Coin Bureau (@coinbureau) October 29, 2025

Regulated Investment Option for TAO Token Exposure

Staked Bittensor ETP is 100% physically backed by TAO tokens, which are physically regulated and held in a cold store by BitGo Europe GmbH. The structure provides each share with direct representation of the underlying asset. Investors will benefit from both TAO price movements and staking rewards, which will accumulate in the product Net Asset Value (NAV).

The total cost ratio of the product (TER) amounts to 1.49, with the rewards automatically reinvested to enhance returns. DDA confirmed that its white-label ETP platform allows effective tracking of the index and seamless regulatory compliance. Moreover, the ETP tracks the Kaiko Safello Staked Bittensor Index (KSSTAO Index), a measure of the total performance of staked TAO.

Maximilian Lautenschlaeger, DDA CEO, expressed enthusiasm about the partnership. He pointed out that the DDA infrastructure enables Safello to implement new crypto strategies in the market with a trusted and regulated framework.

Market Sees Surge in New Crypto ETF Products

This introduction comes as part of a broad growth in crypto-based Exchange Traded Fund listings. The newly launched Bitwise Solana Staking ETF (BSOL) attracted $56 million in trading volume within the first day of its debut. Additionally, it provides projected staking returns of about 7%.

Final tally of Day One trading.. $BSOL: $56m$HBR: $8m$LTCC: $1m
I can't believe how close I came. ETF sixth sense for the win. Wish there was a @Polymarket for this I'd be rich. https://t.co/TODOk13WUt

— Eric Balchunas (@EricBalchunas) October 28, 2025

Other crypto funds, Canary’s Litecoin and Hedera ETFs, hit $8 million and $1 million, respectively. Meanwhile, Hong Kong recently approved its first spot Solana ETF, complementing the Bitcoin and Ether ETFs previously issued.

The entry of Safello highlights the increased interest in decentralized networks that integrate artificial intelligence. The Staked Bittensor ETP provides investors with an easy entry into this emerging sector through a familiar, preferred exchange-traded format. The ETP also enables retail investors and institutional investors to invest without directly handling the tokens.

Meanwhile, the price of Bittensor’s token, TAO, has not seen a positive response following the announcement. The token is down 6%, trading around $428 with a market capitalization and trading volume of $4.36 billion and $410 million, respectively.

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