- In the latest report, Grayscale has highlighted the growth of Bittensor following the regulatory scrutiny of centralized AI models like Anthropic.
- Following the announcement from Anthropic, the TAO price soared by around 30% in just 12 hours, though it failed to sustain it.
- Bittensor has recently formed major partnerships in order to boost the network activity for AI-based tools.
Amid the regulatory scrutiny for centralized AI platforms, Bittensor (TAO) has witnessed a rally of more than 21% in the last 7 days amid the growing demand for decentralized AI infrastructure.
In the latest report, Grayscale, a leading asset management company, highlighted the factor behind the rally in the TAO price by citing ongoing regulatory scrutiny around Anthropic’s new AI models.
Bittensor Could Benefit From AI Export Controls
On June 12, the United States announced the issuance of a new directive through the Department of Commerce, which has directed Anthropic to suspend access to its new AI models, such as Fable 5 and Mythos 5, to all foreign nationals. In order to follow compliance, Anthropic has turned off the models for all customers around the world.
The Grayscale report stated that, “The suspension of an updated Anthropic AI model highlights the risks of centralized control of AI. We expect demand for decentralized AI, like Bittensor and its TAO token, to continue to rise as investors seek alternatives.”
According to a Grayscale researcher, Bittensor has “an alternative vision for AI-based” as it is using a decentralized network. It can provide open access to AI resources by using a decentralized network, which is not controlled by any single entity. In the report, the researcher calls Bittensor a Bitcoin of AI, saying that “What Bitcoin did for digital money, Bittensor hopes to do for AI.”
While centralized AI projects and infrastructure are facing challenges from regulators around the world to run their operations, users have started to migrate to decentralized alternatives for AI tools.
The report said, “Access to artificial intelligence is becoming an increasingly important economic resource. Today, a small number of companies in the US and China control the most advanced AI systems. As AI capabilities continue to improve, governments and AI labs will play an increasingly important role in determining who can access these tools and under what conditions.”
Bittensor Drops 3.91% Despite Recovery in Bitcoin Price
After Anthropic suspended its operations for new models, Bittensor soared by around 30% in just 12 hours. At the time of writing this, the TAO is trading at around $263.67 after dropping over 3.91% in the last 24 hours, according to CoinMarketCap. The cryptocurrency currently holds a market capitalization of around $2.9 billion, along with a daily trading volume of more than $552 million.
The upward momentum in the TAO price comes during a time when the overall crypto market is going through a catastrophic downfall, where BTC dipped below $60,000. However, Bitcoin gave a sign of recovery on Monday. On June 15, BTC soared above $66,000 following a major development in peace talks between the U.S. and Iran. This news is expected to provide a major relief to the global energy market as it increases hope to open the Strait of Hormuz again. “The deal’s all signed. And the Strait is already partially opened,” U.S. President Donald Trump said.
Bittensor is expanding its operations through adoption by big institutions, along with major upgrades on the network. In June 2026, the network got a major upgrade, like Spec 413 and version 3.4.1-413, which is expected to bring new improvements to the network. It now has more than 128 subnets, and they are planning to double it and reach 256.
Bittensor has also formed a partnership with BitGo, along with Yuma, to provide various services like staking and custody for TAO. Grayscale has also launched the Bittensor Trust and filed a spot Bittensor (TAO) ETF in late 2025.
On June 10, Ripple joined Mastercard’s Agent Pay for Machines (AP4M) program, which focuses on enabling AI agents to make payments autonomously.
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