Osprey Bitcoin Trust Looking for a Buyer or Possible Merger with Bitcoin ETF
Osprey Bitcoin Trust, a closed-end bitcoin fund whose units are trading at a discount to its BTC holdings, said it's trying to sell itself to or merge with a bitcoin ETF, among other strategic alternatives. Osprey Bitcoin Trust became well known as a fierce rival to Grayscale's much-larger GBTC fund, which this year converted into an ETF. Osprey went as far as filing a lawsuit against Grayscale claiming the latter had been deceptively claiming its ETF conversion was a foregone conclusion.
Source
Join @Crypto_Publisher
Contact us @Crypto_Marcus
