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Osprey Funds seeks approval from the U.S. Securities and Exchange Commission to convert Bitcoin Trust into an ETF

Osprey Funds seeks approval from the U.S. Securities and Exchange Commission to convert Bitcoin Trust into an ETF

Bitget2025/01/15 03:23

After the termination of the Bitwise acquisition deal, investment management company Osprey Funds has announced plans to convert its Osprey Bitcoin Trust (OBTC) into an Exchange Traded Fund (ETF). The company stated in a declaration on January 14th that it will "as soon as possible" submit an S-1 form containing a registration statement to the U.S. Securities and Exchange Commission.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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