JUST IN: Good News from Grayscale for Five Altcoins Including Filecoin (FIL)!

According to The Block, Grayscale is launching a new AI fund for Bittensor ($TAO), Filecoin ($FIL), Livepeer ($LPT), Near ($NEAR) and Render (RNDR).

Accordingly, Grayscale, one of the world's largest fund managers, is launching a new fund focusing on decentralized artificial intelligence.

Grayscale Decentralized AI Fund LLC, which will be rebalanced quarterly, aims to support AI-related investment efforts in the cryptocurrency sector, according to the announcement.

Decentralized AI projects included in the new fund basket include Bittensor ($TAO), Filecoin ($FIL), Livepeer ($LPT), Near ($NEAR) and Render (RNDR), with Near, Filecoin and Render being the fund's highest weighted assets.

*This is not investment advice.