Osprey Funds seeks approval from the U.S. Securities and Exchange Commission to convert Bitcoin Trust into an ETF
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.
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.
You may also like
Data: "Machi" continues to increase long positions on UNI 10x leverage, with holdings exceeding 350,000 tokens

Analysis: Enabling the Uniswap fee switch may cause a large number of fraudulent pools on Base to disappear