Why
Bitcoin is an innovative payment network and a new kind of money. Using peer-to-peer technology, Bitcoin operates with no central authority or banks.
Why Osprey Bitcoin Trust (OBTC)
Convenient
Available in a brokerage account or IRA. No wallet, keys, or storage required.
Low Fees
One of the lowest management fees for a fund of its kind at 0.49%.
Secure
Secure alternative with Coinbase serving as the fund’s custodian.
Available Right in Your Brokerage Account
Why Osprey Funds
Osprey Funds is your trusted guide to select crypto.
We build low-cost digital asset investment products that are simple, secure, and transparent. Our expert team carefully researches and curates the leading digital assets to help take the guesswork out of crypto investing.
Fund Data
* Market price as of 04/23/2024 4:00 PM EST.
** Closing NAV per share as of 04/23/2024 4:00 PM EST
† Estimated AUM at 04/23/2024 4:00 PM EST; unaudited
†† This figure represents the Bitcoin holdings of the Trust as of 04/23/2024
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 OTCQX under the Alternative Reporting Standards
Fund Details
Ticker
OBTC
Investment Objective
Track the price of BTC.
Subscription Type
USD or BTC
Sponsor
Osprey Funds
Custodian
Coinbase
Fund Administrator
Theorem Fund Services
Auditor
Grant Thornton
CUSIP
68839C206
ISIN
US68839C2061
Shares Outstanding
5,940,536
Management Fee
0.49%
Investor Qualifications
Shares of the Fund are accessible to accredited investors in private placements and all investors in the secondary market.
Secondary Trading
The Fund trades under ticker OBTC. Publicly traded shares may trade at a discount or premium to the Fund’s NAV.
Private Placement
Not currently available.
Taxation
No K-1. Structured as a Delaware Grantor Trust for tax purposes.
IRA Eligible
Yes, from select providers.
Osprey Bitcoin Trust Private Placement
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%, one of the lowest cost solutions on the U.S. market.
The Trust can be held in an IRA or other tax advantaged account. Coinbase is the third-party custodian. They hold the bitcoin in the trust and keep it secure.
The Osprey Bitcoin Trust allows you to gain exposure to bitcoin without having to worry about wallets, keys, or storage.