Welcome to our dedicated page for Osprey Bitcoin SEC filings (Ticker: OBTC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Osprey Bitcoin Trust (OBTC) files a range of documents with the U.S. Securities and Exchange Commission that describe its structure, objectives, and material events. Its registration statements on Form S‑1 and S‑1/A explain that the Trust is a Delaware statutory trust whose assets consist primarily of Bitcoin held by a custodian, and that it seeks to reflect the performance of the price of Bitcoin as measured by the CME CF Bitcoin Reference Rate – New York Variant, less expenses and other liabilities. These filings detail the roles of the sponsor, trustee, custodians, administrator, and transfer agent, along with the mechanics for issuing and redeeming shares in institutional‑scale Baskets.
The S‑1/A prospectuses also describe the Trust’s plans to list its shares on a national securities exchange under the symbol OBTC and to issue shares on a continuous basis. They outline how Authorized Participants may create and redeem Baskets in exchange for Bitcoin or cash, and state that, except when aggregated into Baskets, the shares are not redeemable securities. Investors reviewing these filings can see how the Trust’s share creation and redemption processes are designed around its Bitcoin holdings and net asset value.
Material event disclosures, such as an 8‑K filing, provide additional insight into changes in the Trust’s governing documents and fee arrangements. One 8‑K describes a Third Amended and Restated Declaration of Trust and Trust Agreement that revises provisions to support conversion of the Trust into an exchange‑traded product and listing of its shares on Nasdaq Stock Market LLC. It also specifies that the Trust’s ordinary recurring expense will be a management fee accrued daily at a 0.49% annualized rate on net asset value and paid monthly to the sponsor, with the sponsor bearing specified routine operating expenses.
Other filings and related announcements reference the Trust’s intention to file a Form 15 to terminate registration of its units under Section 12(g) of the Exchange Act, which would suspend certain periodic reporting obligations, while the units remain quoted on OTCQX under its alternative reporting standard. Together, these SEC filings form a record of OBTC’s evolution as a Bitcoin‑focused trust, its listing and registration plans, and the contractual framework that governs its operations.
On this page, investors can access OBTC’s SEC filings, including registration statements, amendments, and current reports, and use AI‑powered tools to summarize key terms, highlight structural changes, and clarify how specific provisions affect the Trust’s Bitcoin exposure, fees, and share mechanics.
Osprey Bitcoin Trust reported that its sponsor, Osprey Funds, LLC, and Delaware Trust Company entered into an amendment to the Trust’s Third Amended and Restated Declaration of Trust and Trust Agreement. The change updates the cutoff time for placing cash Purchase and Redemption Orders from 6:00 p.m. Eastern Time to 5:30 p.m. Eastern Time on the business day before the trade date. The amendment is dated January 9, 2026.
Osprey Bitcoin Trust has amended its governing agreement to support converting the trust into an exchange-traded product and listing its Shares on Nasdaq Stock Market LLC. The revised terms set the trust’s ordinary recurring expense as a management fee of 0.49% per year, accrued daily on net asset value and paid monthly to the Sponsor. In return, the Sponsor will bear routine operational, administrative and other ordinary fees and expenses, such as trustee, administration, transfer agent, custody, listing, SEC registration, audit, tax reporting, license and ordinary legal costs.
The agreement also establishes that Shares will be issued and redeemed only in large blocks of 10,000 Shares, or integral multiples called Baskets, based on the amount of Bitcoin attributable to each Share after fees and expenses. These Baskets will be created and redeemed with authorized participants in exchange for Bitcoin or cash.
Osprey Bitcoin Trust is registering an indeterminate number of new Shares for continuous issuance and allowing Selling Shareholders to resell up to 357,902 Shares. The trust holds Bitcoin with Coinbase Custody and seeks to mirror Bitcoin’s price, using the CME CF Bitcoin Reference Rate – New York Variant as its benchmark, minus expenses and liabilities. Shares will list on Nasdaq under the symbol OBTC and can only be created and redeemed in 10,000‑Share Baskets by Authorized Participants in exchange for Bitcoin or cash.
The trust charges a 0.49% annual Management Fee, accrued daily and paid monthly in U.S. dollars by selling Bitcoin. An intraday indicative value will be published every 15 seconds during regular trading hours, while official NAV is calculated once daily. The filing highlights extensive risks, including extreme Bitcoin price volatility, technology and governance risks in the Bitcoin network, forks and airdrops, custody and private key loss, unregulated or opaque trading venues, and potential adverse regulatory developments. The trust is an emerging growth company and is not registered as an investment company or commodity pool.
Osprey Bitcoin Trust has filed an amended registration to permit the resale of up to 357,902 Shares and a continuous primary issuance of an indeterminate number of new Shares backed by Bitcoin holdings.
The Trust is a Delaware statutory trust that holds Bitcoin and cash and seeks to track the price of Bitcoin, measured by the CME CF Bitcoin Reference Rate – New York Variant, minus expenses and liabilities. Shares will be listed on Nasdaq under the symbol “OBTC” and are issued and redeemed only in Baskets of 10,000 Shares through authorized broker-dealers, in exchange for Bitcoin or cash. As of September 30, 2025, the Trust’s NAV per Share was $36.98 based on the Bitcoin Market Price.
The Trust charges a Management Fee of 0.49% per year of average daily NAV, paid in U.S. dollars funded by selling Bitcoin. It is a passive vehicle that does not use leverage or derivatives and is not registered as an investment company or commodity pool. The prospectus highlights substantial risks, including extreme Bitcoin price volatility, digital asset market failures, forks and airdrops, custody and key-loss risks, concentration in a single asset, and potential regulatory changes that could impair operations or the value of the Shares.
Osprey Bitcoin Trust (OBTC) filed an amended S-1 registration describing the Trust's structure, risks, mechanics of creations/redemptions, and financial activity through
The document highlights concentrated operational and market risks: extreme Bitcoin price volatility, custody and private‑key loss risks, regulatory and tax uncertainty, potential suspension of creations/redemptions, and multiple dissolution triggers (including regulatory determinations, insolvency, or loss of the custodian). Financial highlights show large unrealized and realized gains on Bitcoin: net change in unrealized appreciation of
FAQ
What is the current stock price of Osprey Bitcoin (OBTC)?
