Simple and Secure
The Osprey BNB Chain Trust offers simple and secure exposure to BNB, the native token of the BNB Chain ecosystem.
The BNB Chain is an innovative network for fast, secure, and affordable DeFi and NFT dApps. BNB, the native token of BNB Chain, links with other networks and is designed for interoperability, smart contracts, and more.
Learn more about Solana and the Osprey Solana Trust in our Investor Product Series lightpaper.
Invest Now in the Osprey BNB Chain Trust
The Osprey BNB Chain 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
Fund Data
** 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 BNB Chain holdings of the Trust as of 11/23/2022
Fund Details
Investment Objective
Track the price of BNB BEP 2, the native token of the BNB Chain Network.
Subscription Type
USD or BNB BEP 2.
Sponsor
Osprey Funds
Custodian
Copper
Fund Administrator
Theorem Fund Services
Auditor
Cherry Bekaert
Shares Outstanding
627,467
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.