Osprey Funds Submits Draft Registration Statement to Convert the Osprey Bitcoin Trust (OBTC) into an ETF – CryptoMode
FAIRFIELD, Conn.–(BUSINESS WIRE)–Osprey Funds, LLC (“Osprey”), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), today announced that it has submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) to convert OBTC into an exchange-traded fund (“ETF”).
This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the “Securities Act”), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations, or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.
About Osprey Funds
Osprey Funds, LLC offers common-sense solutions to digital asset investing. Based in Fairfield, Connecticut, Osprey is dedicated to building secure, transparent, and cost-effective investment products that provide access to digital assets. Learn more by visiting ospreyfunds.io.
Forward-Looking Statements
This press release contains “forward-looking statements.” These forward-looking statements include, without limitation, statements about the submission of a draft registration statement and the potential conversion of OBTC into an ETF. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on Osprey’s current beliefs, expectations, and assumptions regarding the future of OBTC. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. Except as required by law, Osprey does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Contacts
Media
Gregory FCA for Osprey Funds
Caitlyn Kardish
caitlyn@gregoryfca.com
484-798-7730
