Simple and Secure

The Osprey Algorand Trust offers simple and secure exposure to ALGO, the native token of the Algorand Network.

Algorand offers access to the future of finance by building blockchain technology that provides security, scalability, and complete transaction finality.

Factsheet

Learn more about Algorand and the Osprey Algorand Trust in our Investor Product Series lightpaper.

We are pleased to share the first installment of the Osprey Funds Investor Product Series focused on Polkadot.

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Invest Now in the Osprey Algorand Trust

The Osprey Algorand Trust is now open to accredited investors. The minimum investment is $10,000.

To qualify as accredited, an individual must earn more than $200K/year (or $300K/year with spouse), have a net worth over $1M, or be 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.

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Fund Data

Closing Nav**
$1.29
AUM†
$3,909,450
Algorand Per Share††
5.271798

** Closing NAV per share as of 11/23/2022 4:00 PM EST

† Estimated AUM at 11/23/2022 4:00 PM EST; unaudited

†† This figure represents the Algorand holdings of the Trust as of 11/23/2022

Fund Details

Investment Objective

Track the price of ALGO, the native token of the Algorand Network.

Subscription Type

USD or ALGO.

Sponsor

Osprey Funds

Custodian

Copper

Fund Administrator

Theorem Fund Services

Auditor

Cherry Bekaert

Shares Outstanding

3,024,381

Management Fee

0% until 2023, then 2.5% unless waived by Sponsor.

Investor Qualifications

Accredited Investors.

Secondary Trading

We intend to apply to list the Fund once we meet OTC listing standards.

Private Placement

Daily Subscriptions.

Redemptions

Not currently offered. See Secondary Trading above for more on liquidity.

Taxation

No K-1. Structured as a Delaware Grantor Trust for tax purposes.

IRA Eligible

Yes, from select providers.