Osprey Bitcoin Trust
OBTC
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Greg King
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 1241 Post Road Fairfield WY United States of America 6824
- IPO Date
- Feb 11, 2021
- CIK
- 0001767057
- Website
- rexshares.com
- Similar Companies
- Business
- Osprey Bitcoin Trust (OBTC) operates as a Delaware statutory trust that holds bitcoin on behalf of its shareholders and seeks to track the performance of bitcoin, as measured by the CME CF Bitcoin Reference Rate – New York Variant, less the trust's fees and expenses. The trust offers investors convenient exposure to bitcoin through shares traded on the OTCQX under the ticker OBTC; shares are available in brokerage accounts or IRAs without requiring wallets, keys, or direct storage; Coinbase serves as custodian for the bitcoin holdings, with Theorem Fund Services as administrator and Grant Thornton as auditor; the management fee is 0.49%, positioning it among the lowest-cost U.S. bitcoin investment products; subscriptions accept USD or BTC, though private placements are not currently available and redemptions are not offered. Founded on January 3, 2019, with offices at 777 Brickell Avenue, Suite 500, Miami, Florida 33131 under sponsor Osprey Funds, LLC, the trust targets accredited investors via private placements and all investors in the secondary market. In August 2024, Osprey Funds entered an asset purchase agreement with Bitwise Asset Management for the Bitwise Bitcoin ETF (BITB) to acquire OBTC's assets in a tax-free transaction for unitholders, subject to customary closing conditions, though the deal did not complete. In January 2025, Osprey announced plans to convert OBTC into an exchange-traded fund by filing a Form S-1 registration statement with the SEC. Most recently, in December 2025, the trust amended its S-1 filing to enable Nasdaq listing of shares, resale of up to 357,902 existing shares, and continuous primary issuance of new shares backed by bitcoin holdings.