In a move aimed at capitalizing on the growing potential of decentralized artificial intelligence (AI), Bitcoin ETF issuer and crypto asset manager Grayscale has officially launched its new Decentralized AI Fund, which aims to provide investors exposure to protocols within the AI sector of the crypto ecosystem.
With a quarterly rebalancing strategy, the Grayscale Decentralized AI Fund currently holds decentralized AI crypto protocols, including Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR).
Grayscale’s Latest Fund Offering
Rayhaneh Sharif-Askary, Grayscale’s Head of Product & Research, expressed optimism about the launch of the firm’s new artificial intelligence fund, saying:
The rise of disruptive technologies has created compelling opportunities for Grayscale’s investors since our 2013 inception, and we believe the launch of the Grayscale Decentralized AI Fund provides an opportunity to invest in Decentralized AI at its ear
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