other material
confidence high
sentiment neutral
materiality 0.40
Osprey Bitcoin Trust enters custodial agreement with Coinbase Custody for digital asset storage
Osprey Bitcoin Trust
- Trust appoints Coinbase Custody as fiduciary to hold its Bitcoin in a segregated custody account.
- Either party may terminate upon 30 days' written notice; trust may also cancel account by withdrawing all balances.
- Coinbase Pro, a Coinbase Global subsidiary, is the trust's principal market for Bitcoin valuation.
- Custodial fees set per Schedule A; Coinbase Custody may propose changes with 30 days' notice.