Bitwise Asset Administration and Osprey Funds have introduced that the Bitwise Bitcoin ETF (BITB) will purchase the belongings of the Osprey Bitcoin Belief (OBTC)
Bitwise Asset Administration and Osprey Funds have introduced that the Bitwise Bitcoin ETF (BITB) will purchase the belongings of the Osprey Bitcoin Belief (OBTC).
The acquisition entails roughly $120 million price of Bitcoin held by the Osprey Bitcoin Belief. As a part of the settlement, holders of Osprey Bitcoin Belief models will obtain Bitwise Bitcoin ETF shares of equal worth.
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