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.
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.
Fund Data
** Closing NAV per share as of 05/31/2023 4:00 PM EST
† Estimated AUM at 05/31/2023 4:00 PM EST; unaudited
†† This figure represents the Algorand holdings of the Trust as of 05/31/2023
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
Coinbase
Fund Administrator
Theorem Fund Services
Auditor
Cherry Bekaert
Shares Outstanding
3,024,381
Management Fee
2.5%
Investor Qualifications
Accredited Investors.
Secondary Trading
We intend to apply to list the Fund once we meet OTC listing standards.
Private Placement
Not currently available.
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.