Osprey Bitcoin Trust Price & Performance (OBTC)

Major asset managers, including Bitwise, Grayscale, 21Shares, and Osprey, have submitted proposals for spot Dogecoin ETFs, with SEC decisions expected as soon as May. If approved, these ETFs would provide traditional investors direct access to Dogecoin, potentially fueling further institutional adoption and price momentum.12

Grayscale and Osprey have reached a settlement in their two-year legal battle over Bitcoin ETF marketing practices. The agreement, to be finalized within 45 days, clears the path for Grayscale’s Bitcoin Trust ETF and may influence future regulatory scrutiny and competitive marketing in the digital asset sector.34

Osprey Funds will transfer the assets of its Bitcoin Trust (OBTC) to Bitwise’s Bitcoin ETF (BITB) in a tax-free transaction for unitholders. The move aims to streamline investor access to Bitcoin, pending regulatory approval, and reflects ongoing consolidation in the digital asset investment industry.56