<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002020553</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0002029297</issuerCik>
      <issuerName>Grayscale Bittensor Trust (TAO)</issuerName>
      <secFileNumber>000-56788</secFileNumber>
      <issuerAddress>
        <com:street1>290 HARBOR DRIVE</com:street1>
        <com:street2>4TH FLOOR</com:street2>
        <com:city>STAMFORD</com:city>
        <com:stateOrCountry>CT</com:stateOrCountry>
        <com:zipCode>06902</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>212-668-1427</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Sharif-Askary Rayhaneh</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Graysale Bittensor Trust</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>CAPIS</name>
        <address>
          <com:street1>1700 PACIFIC AVE.</com:street1>
          <com:city>Dallas</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75201</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>4432</noOfUnitsSold>
      <aggregateMarketValue>35050.64</aggregateMarketValue>
      <noOfUnitsOutstanding>0</noOfUnitsOutstanding>
      <approxSaleDate>04/24/2026</approxSaleDate>
      <securitiesExchangeName>OTC markets</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Grayscale Bittensor Trust</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Canaccord Genuity</name>
        <address>
          <com:street1>ONE PENNSYLVANIA PLAZA</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10119</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>2232</noOfUnitsSold>
      <aggregateMarketValue>17870.06</aggregateMarketValue>
      <noOfUnitsOutstanding>0</noOfUnitsOutstanding>
      <approxSaleDate>04/24/2026</approxSaleDate>
      <securitiesExchangeName>OTC Markets</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Grayscale Bittensor Trust</securitiesClassTitle>
      <acquiredDate>06/28/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Private placement purchase </natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>New share creation </nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>6664</amountOfSecuritiesAcquired>
      <paymentDate>06/28/2024</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Rayhaneh Sharif-Askary</name>
        <address>
          <com:street1>1065 Park Avenue</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10128</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Grayscale Bittensor Trust</securitiesClassTitle>
      <saleDate>04/24/2026</saleDate>
      <amountOfSecuritiesSold>6664</amountOfSecuritiesSold>
      <grossProceeds>52920.70</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>07/15/2026</noticeDate>
      <signature>Rayhaneh Sharif-Askary</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
