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TechFlow news — Osprey Bitcoin Trust, a closed-end bitcoin fund, announced that the trading price of its shares has fallen below the value of the underlying bitcoin. As part of a strategic process, the sponsor is exploring options such as selling the trust to an existing bitcoin ETF or merging with one.
If these discussions do not yield positive outcomes, the sponsor intends to liquidate and dissolve the trust within 180 days from today.
Osprey Bitcoin Trust, a closed-end bitcoin fund, announced that the trading price of its shares is below the value of the underlying bitcoin. As part of a strategic process, the sponsor is exploring options to sell the trust to an existing bitcoin ETF or merge with one. If such discussions do not yield positive outcomes, the sponsor intends to liquidate and dissolve the trust within 180 days from today.
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