Osprey Funds to convert Bitcoin Trust into ETF as Bitwise acquisition talks end
United States-based Osprey Funds is gearing up to convert its Bitcoin trust into an exchange-traded fund after an acquisition deal with Bitwise fell through. The investment management firm said in a Jan. 14 statement that it would file a Form S-1 with the U.S. Securities and Exchange Commission “as soon as practicable” to convert the […]
Osprey Funds to seek SEC approval to convert Bitcoin trust into ETF
In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals. Source link
