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Osprey Funds Seeks Securities Exchange Commission Approval to Convert Bitcoin Trust to ETF

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2025-01-15 11:07:50
Following the termination of the Bitwise acquisition deal, investment management firm Osprey Funds has announced plans to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF).
In a statement on Jan. 14, the company said it would file a Form S-1 with the Securities Exchange Commission containing the registration statement "as soon as possible."