BlockBeats News, June 28, Yuma, an investment firm under Digital Currency Group (DCG), announced the launch of the Yuma Total Market Fund, providing institutional investors with diversified exposure to the Bittensor ecosystem, covering the native token TAO and a basket of AI-focused subnets. Investors can participate in the entire ecosystem without the need to individually screen single subnet tokens. The fund has received seed funding from an undisclosed anchor investor.

Bittensor is a blockchain network supporting decentralized AI infrastructure and application development, currently with 128 subnets. The TAO token has a market capitalization of around $2.4 billion. Institutional interest in Bittensor continues to grow—In April this year, Grayscale increased TAO's weight in its decentralized AI fund to 43%; Bitwise also applied to the SEC for a TAO strategy ETF in the same month; Concurrently, Grayscale submitted an application to convert its existing Bittensor Trust to a spot TAO ETF and list it on NYSE Arca.

The narrative of decentralized AI recently received unexpected catalysis. The U.S. Department of Commerce, citing national security and export control, temporarily suspended public access to Anthropic's Fable 5 and Mythos 5 models, triggering widespread concerns about reliance on centralized AI suppliers in the market. A Grayscale research director bluntly stated that this event "highlights the risk of centralized AI control" and expects investors to shift towards decentralized AI alternatives like Bittensor. However, the restrictive measures have begun to ease—The Commerce Department restored access to Mythos 5 on Friday, and Axios reported that the Trump administration is expected to allow public access to Fable 5 as early as next week.

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