Osprey Bitcoin Trust, a closed-end bitcoin fund whose units are trading at a discount to its BTC holdings, said it's trying to sell itself to or merge with a bitcoin ETF, among other strategic alternatives.
Osprey became well known as a fierce rival to Grayscale's much-larger GBTC fund, which this year converted into an ETF. Osprey went as far as filing against Grayscale claiming the latter had been deceptively claiming its ETF conversion was a foregone conclusion.
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