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An update from Osprey Bitcoin Trust Registered Units of Benef Interest ( (OBTC) ) is now available.
On December 18, 2025, Osprey Funds, LLC and CSC Delaware Trust Company approved a Third Amended and Restated Trust Agreement for Osprey Bitcoin Trust to facilitate its conversion into an exchange-traded product and the listing of its shares on Nasdaq. The revised agreement sets the Trust’s sole recurring ordinary expense as a 0.49% annualized management fee paid to the sponsor, which in turn will cover most routine operational and administrative costs, and it introduces a creation and redemption mechanism in baskets of 10,000 shares, deliverable in bitcoin or cash, aligning the Trust’s structure more closely with standard exchange-traded fund mechanics and potentially enhancing liquidity and accessibility for institutional and other market participants.
More about Osprey Bitcoin Trust Registered Units of Benef Interest
Osprey Bitcoin Trust, sponsored by Osprey Funds, LLC, is a digital asset investment vehicle that holds bitcoin and offers investors exposure to the cryptocurrency through trust units representing fractional undivided beneficial interests in its net assets, with a market focus on listed, exchange-traded structures for bitcoin access.
Average Trading Volume: 22,417
Find detailed analytics on OBTC stock on TipRanks’ Stock Analysis page.