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
A HYPE whale transferred 266,600 tokens worth approximately $24.29 million to exchanges within three days.
Former senior official of the Bank of Japan predicts that a rate hike in October is "a real possibility," with a very low probability of postponement until next year
A former executive director in charge of monetary policy at the Bank of Japan stated that the Bank of Japan may raise its benchmark interest rate for the second consecutive month at the October policy meeting, which would be earlier than most economists expect.
Falling Oil Could Trigger a 10% Stock Market Rally, Says Wall Street Strategist
Bitcoin falls below $84,000, down 0.32% in 24 hours.
Crypto prices
More
