Osprey Bitcoin Trust converts to ETF, plans Nasdaq listing with 0.49% mgmt fee

Osprey Bitcoin Trust

Third Amended Trust Agreement signed Dec 18 to effect conversion into exchange-traded product and list on Nasdaq.
Management fee of 0.49% annualized, accrued daily, paid monthly; Sponsor bears ordinary trust expenses.
Shares issued/ redeemed only in 10,000-share Baskets via authorized participants for Bitcoin or cash.
Conversion provides ETF structure and Nasdaq listing, enhancing liquidity and investor access.

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