Articles from Osprey Funds, LLC

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 to convert OBTC into an exchange-traded fund (“ETF”) as soon as practicable.

Osprey Funds, LLC (“Osprey”), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), announced today the termination of the previously announced Asset Purchase and Contribution Agreement (the “APA”). The APA was terminated as the parties did not receive all regulatory approvals by December 31, 2024.

Osprey Funds, LLC, a leading crypto investment firm, today announced the launch of the Osprey BNB Chain Trust, now publicly quoted on the OTCQX® Best Market. This is the first U.S. publicly-quoted fund based on BNB, the native token of the BNB Chain ecosystem, providing investors with a unique opportunity to gain exposure to the fifth-largest cryptocurrency by market capitalization (excluding stablecoins).

Osprey Funds, LLC ("Osprey"), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC) (the "Trust" or "OBTC"), the Bitwise Bitcoin ETF ("BITB" or the "Fund") and Bitwise Asset Management ("Bitwise") today jointly announced the entry into an Asset Purchase Agreement pursuant to which BITB will acquire the assets of the Trust. As part of this transaction, OBTC unitholders will receive shares of BITB as part of a liquidating distribution of OBTC. For existing BITB holders, there will be no changes to their shares or any changes to the operation of BITB.

Osprey Solana Trust (OTCQX: OSOL), a Delaware statutory trust (“Osprey” or the “Trust”), announced it will execute a 15:1 forward split of the issued and outstanding shares. The total fair value of the Trust’s net assets will not be affected as a result of this split.

Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (the “Trust”), announced today that it is aware that the common units of fractional undivided beneficial interest of the Trust (the “Units”) are trading at a discount to the value of Bitcoin. Osprey Funds, LLC, the sponsor of the Trust (the “Sponsor”), is currently exploring strategic alternatives to maximize unitholder value.

Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (“Osprey” or the “Trust”), announced today that it has terminated the previously announced offer to purchase for cash via tender offer (the “Offer”) up to 20% or 1,668,107 outstanding common units of fractional undivided beneficial interest (the “Units”) at a purchase price equal to their net asset value (“NAV”), less any applicable withholding taxes and fees payable to Osprey Funds, LLC, the sponsor of the Trust (the “Sponsor”). The Offer was being made in accordance with the terms and subject to the conditions described in the offer to purchase (the “Offer to Purchase”) and the related Letter of Transmittal and other related materials as may be amended or supplemented from time to time (collectively, the “Offer”). Capitalized terms used and not otherwise defined shall have the meanings assigned to such terms in the Offer to Purchase.

Osprey Funds, LLC, a premier crypto investment firm, today announced the Osprey Solana Trust (OSOL) has commenced trading publicly via the OTCQB market. This is the first publicly-traded fund in the U.S. based on the native token of the Solana network, SOL. In celebration, the firm is hosting an exclusive launch party tonight in San Francisco.

Osprey Funds, LLC, a premier crypto investment firm, today announced that the Osprey Polkadot Trust (ODOT) has commenced trading publicly via the OTCQX market. It is the first U.S. publicly traded fund to invest exclusively in DOT, the native token of the Polkadot network.

Premier digital asset investment firm, Osprey Funds, LLC, announces the launch of its institutional research capabilities, dedicated to releasing comprehensive crypto analysis to drive better investment decisions.

Osprey Funds, LLC, a premier digital asset investment firm, announces the hiring of John Sweeney as Chief Operating Officer and Regan Cucinell as Chief People and Productivity Officer, as well as the appointment of Bill Birmingham as Chief Investment Officer.

Osprey Funds, LLC, a premier digital asset management firm, announces the formation of Osprey Alpha, LLC. Established to offer actively managed funds for institutions and high-net-worth investors, Osprey Alpha is slated to launch its inaugural product, the Osprey NFT Fund, in early 2022.

Osprey Funds, LLC, a premier digital asset management firm, launches its fifth investment product of the year ​​― the Osprey Polygon Trust. It is the first U.S. fund to invest exclusively in MATIC, the native token of the Polygon network.

Osprey Funds, LLC, a premier digital asset management firm, today announced the launch of the Osprey Solana Trust for private placement. The Trust is the first investment vehicle to offer exposure to SOL, the native token used on the Solana blockchain, the fastest blockchain in the world.

Osprey Funds, LLC, a premier digital asset investment firm, today announced that it has filed a Form 10 Registration Statement with the Securities and Exchange Commission (“SEC”) on behalf of the Osprey Bitcoin Trust (OBTC).

Osprey Funds, LLC, a premier digital asset management firm, has launched the Osprey Algorand Trust for U.S. and international investors. The fund is the first investment product offering exposure to ALGO, the native token of the Algorand network.

Today, digital investment specialists Osprey Funds, LLC (Osprey) announced the launch of the Osprey Polkadot Trust for private placement.