Osprey Funds Submits Draft Registration Statement to Convert the Osprey Bitcoin Trust (OBTC) into an ETF
Osprey Funds has announced the submission of a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC) to convert the Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF). The announcement was made in accordance with Rule 135 under the Securities Act of 1933 and explicitly states that it does not constitute an offer to sell or solicitation to buy securities. Any future securities transactions will be conducted in compliance with Securities Act registration requirements.
Osprey Funds ha annunciato la presentazione di una bozza di dichiarazione di registrazione sul modulo S-1 alla Commissione per i Titoli e gli Scambi (SEC) per convertire il Osprey Bitcoin Trust (OBTC) in un fondo negoziato in borsa (ETF). L'annuncio è stato fatto in conformità con la Regola 135 ai sensi del Securities Act del 1933 e dichiara esplicitamente che non costituisce un'offerta di vendita o una sollecitazione all'acquisto di titoli. Qualsiasi futura transazione di titoli sarà condotta in conformità con i requisiti di registrazione del Securities Act.
Osprey Funds ha anunciado la presentación de un borrador de declaración de registro en el formulario S-1 ante la Comisión de Valores y Bolsa (SEC) para convertir el Osprey Bitcoin Trust (OBTC) en un fondo cotizado en bolsa (ETF). El anuncio se realizó de acuerdo con la Regla 135 bajo la Ley de Valores de 1933 y establece explícitamente que no constituye una oferta de venta ni una solicitud para comprar valores. Cualquier futura transacción de valores se llevará a cabo en cumplimiento con los requisitos de registro de la Ley de Valores.
Osprey Funds는 Osprey Bitcoin Trust (OBTC)를 상장지수펀드(ETF)로 전환하기 위해 증권거래위원회(SEC)에 S-1 양식으로 등록신청서 초안을 제출했다고 발표했습니다. 이 발표는 1933년 증권법 제135조에 따라 이루어졌으며, 판매 제안이나 증권 구매 요청이 아님을 명시하고 있습니다. 향후 모든 증권 거래는 증권법 등록 요구 사항을 준수하여 수행될 것입니다.
Osprey Funds a annoncé avoir soumis un projet de déclaration d'enregistrement sur le formulaire S-1 à la Commission des valeurs mobilières (SEC) pour convertir le Osprey Bitcoin Trust (OBTC) en un fonds négocié en bourse (ETF). L'annonce a été faite conformément à la règle 135 de la loi sur les valeurs mobilières de 1933 et indique explicitement qu'elle ne constitue pas une offre de vente ni une sollicitation d'achat de titres. Toute transaction future de valeurs mobilières sera effectuée en conformité avec les exigences d'enregistrement de la loi sur les valeurs mobilières.
Osprey Funds hat die Einreichung eines Entwurfs einer Registrierungsanmeldung auf dem Formular S-1 bei der Wertpapier- und Börsenaufsicht (SEC) bekannt gegeben, um den Osprey Bitcoin Trust (OBTC) in einen börsengehandelten Fonds (ETF) umzuwandeln. Die Ankündigung erfolgte gemäß Regel 135 des Securities Act von 1933 und besagt ausdrücklich, dass sie kein Verkaufsangebot oder eine Aufforderung zum Kauf von Wertpapieren darstellt. Zukünftige Wertpapiergeschäfte werden in Übereinstimmung mit den Registrierungsanforderungen des Securities Act durchgeführt.
- Strategic move to convert OBTC into an ETF structure, potentially improving liquidity and market access
- Proactive regulatory compliance through proper SEC filing procedures
- Uncertain timeline and approval outcome for the ETF conversion
- Potential regulatory hurdles in the SEC approval process
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
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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.
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Media
Gregory FCA for Osprey Funds
Caitlyn Kardish
caitlyn@gregoryfca.com
484-798-7730
Source: Osprey Funds, LLC
FAQ
What is the purpose of Osprey Funds' Form S-1 registration statement for OBTC?
When did Osprey Funds submit its ETF conversion application for OBTC?
What regulatory requirements must OBTC meet for ETF conversion?
How will the proposed ETF conversion affect current OBTC shareholders?
