Osprey Funds Submits Draft Registration Statement to Convert the Osprey Bitcoin Trust (OBTC) into an ETF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 14 2025
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Source: Newsfilter
Osprey Bitcoin Trust ETF Conversion: Osprey Funds, LLC has submitted a draft registration statement to the SEC to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF).
Company Overview and Forward-Looking Statements: Osprey Funds focuses on providing secure and cost-effective digital asset investment products and includes forward-looking statements regarding the potential conversion of OBTC.
Analyst Views on OBTC
Wall Street analysts forecast OBTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OBTC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 28.970
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Current: 28.970
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
