News with the tag "Prey"

REX Shares and Osprey Funds have partnered to debut the MOVE Exchange Traded Fund (ETF). This proposed fund will track the market performance of the newly launched cryptocurrency while protecting investors from the potential risks involved. These investors will not need to worry about private keys, ...

Exciting news for crypto enthusiasts and ETF watchers! REX-Osprey, a well-known name in the exchange-traded fund space, has just made a significant move that could bring a new dimension to cryptocurrency investments. According to Bloomberg Intelligence ETF analyst Henry Jim, REX-Osprey has filed for...

Key Takeaways: Established fund managers are expanding their portfolios by incorporating digital asset strategies. The emerging investment product is designed to offer streamlined crypto exposure without the traditional technical hurdles. Its launch is part of a wider movement to blend regulated fin...

Osprey Funds is challenging a Connecticut court ruling in its $2M lawsuit against asset manager Grayscale, claiming unfair trade practices. The challenge by Osprey Funds, filed on Feb. 10 in a Connecticut Superior Court, came after a Feb. 7 ruling by judge Mark Gould that favored Grayscale. Osprey c...

Recent developments suggest that crypto investors looking to catch the next quick 5x should be keeping an eye on the Dogecoin price. This is based on both technical and fundamental analysis, which proves that DOGE could record a 500% price surge from its current level. Analyst Predicts 500% Surge Fo...

REX Shares, a financial services company known for its innovative approach to ETFs, recently submitted filings for ETFs tied to a few cryptocurrencies, including Dogecoin. These filings mark a pivotal moment for Dogecoin amidst the current excitement in the crypto market, with the positive sentiment...

Investment firm Osprey Funds has announced its intention to transform its Osprey Bitcoin Trust (OBTC) into a Bitcoin exchange-traded fund (ETF), following the collapse of a proposed acquisition by Bitwise Asset Management. Osprey revealed in a January 14 statement that it plans to file a Form S-1 re...

In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals.

Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.

Digital asset manager Osprey Funds is hoping to sell, or merge, its bitcoin trust with an ETF in order to avoid liquidation.