Osprey Bitcoin Trust (OBTC) shortens cash order cutoff to 5:30 p.m.
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Osprey Bitcoin Trust (OBTC) disclose in this 8-K?
The trust disclosed an amendment to its Trust Agreement between Osprey Funds, LLC and Delaware Trust Company, changing the order placement cutoff time for cash Purchase and Redemption Orders.
What timing change did Osprey Bitcoin Trust (OBTC) make to order placement?
The cutoff time for placing cash Purchase and Redemption Orders was moved from 6:00 p.m. Eastern Time to 5:30 p.m. Eastern Time on the business day prior to the trade date.
Which agreement was amended for Osprey Bitcoin Trust (OBTC)?
The amendment applies to the Third Amended and Restated Declaration of Trust and Trust Agreement of Osprey Bitcoin Trust.
When was the Osprey Bitcoin Trust (OBTC) amendment dated?
The amendment to the Trust Agreement is dated January 9, 2026.
Who are the parties to the amended Osprey Bitcoin Trust (OBTC) agreement?
The parties are Osprey Funds, LLC, as sponsor of Osprey Bitcoin Trust, and Delaware Trust Company.
Does the 8-K include the full text of the Osprey Bitcoin Trust (OBTC) amendment?
The report states that the description is a summary and that the full text of the amendment is filed as Exhibit 1.01 and incorporated by reference.