Fund Data
* Market price as of 03/05/2021 4:00 PM EST.
** Closing NAV per share as of 03/05/2021 4:00 PM EST
† Estimated AUM at 03/05/2021 4:00 PM EST; non-GAAP, un-audited.
†† This figure represents the Bitcoin holdings of the Trust as of 03/05/2021 4:00 PM EST
The Shares of any Fund are not registered under the Securities Act of 1933 (the "Securities Act"), the Securities Exchange Act of 1934 (the "Securities Exchange Act"), the Investment Company Act of 1940 (the "Investment Company Act"), or any state securities commission or other regulatory body. The Shares are publicly quoted on OTC Markets under the Alternative Reporting Standards
The Value Prop
The Osprey Bitcoin Trust provides a simple and secure way to gain exposure to bitcoin in your investment portfolio. The Trust carries a management fee of 0.49%, by far the lowest cost solution on the market today.
The Trust can be held in an IRA or other tax advantaged account. Fidelity Digital Assets℠ is the third-party custodian. They hold the bitcoin in the trust and keep it secure.
The Osprey Bitcoin Trust empowers you to invest in bitcoin without having to worry about wallets, keys, or storage.
Fund Details
Ticker
OBTC
Bloomberg Ticker
OBTC US
Benchmark Index
CMBI Bitcoin Index
CUSIP
68839C206
ISIN
US68839C2061
AUM
$90M
Shares Outstanding
5,349,797
Management Fee
0.49%
Private Placement
Daily Subscriptions
Sponsor
Osprey Funds
Custodian
Fidelity Digital Assets Services℠
Index Provider
Coin Metrics
Fund Administrator
Theorem Fund Services
Auditor
Grant Thornton
Osprey Bitcoin Trust Private Placement
Accredited Investors may participate in the Osprey Bitcoin Trust Private Placement at net asset value.
To qualify as accredited, an individual must earn more than $200K/year (or $300K/year with spouse) or have a net worth over $1M or is an investment professional (e.g., a licensed associated person of a broker-dealer or investment adviser). Entities must have $5M in liquid assets or all beneficial owners must be accredited investors.
Service Providers
Osprey Bitcoin Trust offers investors the highest quality product and the most value. We can only do this by collaborating with the best service providers in the world.
We store the fund’s bitcoin with custodian, Fidelity Digital Assets Services℠ (FDAS). FDAS is a division of Fidelity Investments, one of the largest and most reliable financial services companies of all time.
Coin Metrics serves as the fund’s index provider. Their CMBI Bitcoin Index is the benchmarking standard for good reason as it provides unparalleled accuracy, transparency, and independence.
Theorem Fund Services acts as the fund administrator. Theorem provides deep expertise and enterprise grade technology to institutional investors and asset managers globally.
Grant Thornton LLP serves as the auditor of the fund. They are a bona fide industry leader in the digital advisory services space.