Osprey Funds Seeks SEC Approval for Bitcoin Trust ETF Conversion
- Osprey Funds aims to convert its Bitcoin trust into an ETF.
- The proposed acquisition of Osprey Bitcoin Trust by Bitwise was halted.
- The deal failed due to lack of necessary regulatory approvals.
Osprey Funds is attempting to gain SEC approval to transform its Bitcoin trust into an ETF, following the collapse of a deal with Bitwise due to regulatory challenges.
