Osprey Funds to Convert the Osprey Bitcoin Trust (OBTC) into an ETF
Osprey Funds has announced its intention to convert the Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF). The company plans to file a Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) to facilitate this conversion as soon as practicable. The announcement is made in compliance with Rule 135 under the Securities Act of 1933 and does not constitute an offer to sell or solicitation to buy securities.
Osprey Funds ha annunciato la sua intenzione di convertire il Osprey Bitcoin Trust (OBTC) in un fondo scambiabile (ETF). L'azienda prevede di presentare una Dichiarazione di Registrazione sul modulo S-1 alla Commissione per i Titoli e gli Scambi (SEC) per facilitare questa conversione il prima possibile. L'annuncio è fatto in conformità con la Regola 135 della Legge sui Titoli del 1933 e non costituisce un'offerta di vendita o una sollecitazione all'acquisto di titoli.
Osprey Funds ha anunciado su intención de convertir el Osprey Bitcoin Trust (OBTC) en un fondo cotizado (ETF). La compañía planea presentar una Declaración de Registro en el formulario S-1 ante la Comisión de Valores y Bolsa (SEC) para facilitar esta conversión lo antes posible. El anuncio se realiza en cumplimiento de la Regla 135 de la Ley de Valores de 1933 y no constituye una oferta para vender ni una solicitud para comprar valores.
Osprey Funds는 Osprey Bitcoin Trust (OBTC)를 상장지수펀드 (ETF)로 전환할 예정이라고 발표했습니다. 회사는 이 전환을 용이하게 하기 위해 증권 거래 위원회(SEC)에 S-1 양식으로 등록신청서를 제출할 계획입니다. 이 발표는 1933년 증권법에 따른 규칙 135를 준수하며, 증권 판매 제안이나 구매 권유를 구성하지 않습니다.
Osprey Funds a annoncé son intention de convertir le Osprey Bitcoin Trust (OBTC) en un fonds négocié en bourse (ETF). La société prévoit de déposer une déclaration d'enregistrement au formulaire S-1 auprès de la Commission des valeurs mobilières (SEC) pour faciliter cette conversion dans les plus brefs délais. L'annonce est faite en conformité avec la règle 135 de la loi sur les valeurs mobilières de 1933 et ne constitue pas une offre de vente ni une sollicitation d'achat de titres.
Osprey Funds hat die Absicht bekannt gegeben, den Osprey Bitcoin Trust (OBTC) in einen börsengehandelten Fonds (ETF) umzuwandeln. Das Unternehmen plant, so bald wie möglich eine Registrierungsanmeldung auf Formular S-1 bei der Wertpapier- und Börsenaufsichtsbehörde (SEC) einzureichen, um diese Umwandlung zu erleichtern. Die Ankündigung erfolgt in Übereinstimmung mit Regel 135 des Wertpapiergesetzes von 1933 und stellt kein Verkaufsangebot oder eine Aufforderung zum Kauf von Wertpapieren dar.
- Strategic move to convert OBTC trust into a more liquid and accessible ETF structure
- Potential for improved market accessibility and trading efficiency through ETF conversion
- Conversion timeline uncertainty and pending SEC approval
- Regulatory risks associated with crypto ETF 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
Osprey Funds, LLC offers common-sense solutions to digital asset investing. Based in
Forward-Looking Statements
This press release contains “forward-looking statements.” These forward-looking statements include, without limitation, statements about the filing and 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 result of new information, future events or otherwise.
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Media Contact
Gregory FCA for Osprey Funds
Caitlyn Kardish
caitlyn@gregoryfca.com
484-798-7730
Source: Osprey Funds, LLC
FAQ
What is Osprey Funds planning to do with OBTC?
When will OBTC convert to an ETF?
What regulatory steps are required for OBTC's ETF conversion?
How will the OBTC conversion to ETF affect investors?
