Investment management firm Osprey Funds has flagged a plan to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF) after the deal to be acquired by Bitwise was terminated.

Osprey Funds, LLC (“Osprey”), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), today announced its intent to file a Registration Statement on Form S-1 with the Securities and Exchange ...

FAIRFIELD, Conn., March 05, 2024--Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (the "Trust"), announced today that it is aware that the common units of fractional undivided ...

Longer-term investors in OBTC may have noticed that the trust’s three-year return is currently around 9.5%, while Bitcoin has ...

Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), along with Bitwise Asset Management, the operator of the Bitwise Bitcoin ETF (BITB), jointly announced in a press release ...

The planned conversion of the $186.7 million Osprey Bitcoin Trust comes amid growing competition in the bitcoin ETF market.

Instead, they are based on Osprey's current beliefs, expectations and assumptions regarding the future of OBTC. No representations or warranties (expressed or implied) are made about the accuracy of ...

However, we do not have any guarantees about the hash rate or hardware price. While the hardware should be compatible with the oBTC network, we reserve the right to adjust the proof-of-work algorithm ...

Osprey Funds, LLC ("Osprey"), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), today announced its intent to file a Registration Statement on Form S-1 with the Securities and Exchange Commission ...