OBTC News and Press, Osprey Bitcoin Trust Unit Ben Int From 04/17/24

2024-04-17 15:20:00 ET Summary Approximately every four years, a 'bitcoin halving' occurs, cutting the rate at which new bitcoin is issued in half. These scheduled events enable bitcoin to be slowly distributed into the market while maintaining its scarcity. Halving events are har...

2024-04-13 06:20:00 ET Summary CME Group Bitcoin products have helped establish a robust derivatives marketplace for bitcoin, with average daily open interest in Bitcoin futures rising to $11 billion in March. Bitcoin halvings decrease the reward granted to miners for each block m...

2024-04-04 10:25:00 ET Summary The launch of 11 distinct spot bitcoin ETF strategies in the first quarter of 2024 has resulted in approximately $60 billion in assets under management, a historic success for ETF launches. The upcoming bitcoin halving event in April 2024, where the ...

2024-04-04 06:50:00 ET Summary Inflows into Cryptocurrency EFTs are on the rise. Can bitcoin's climb continue? How bitcoin's rise is impacting interest in cryptocurrency ETFs. An uptick of inflows into U.S.-listed cryptocurrency ETFs is helping to push the pr...

2024-03-21 05:35:00 ET Summary Bitcoin prices rallied after each of the past three halvings, with prices rising by 559% after the most recent halving in 2020. There is no guarantee that Bitcoin will rally in response to its upcoming halving. Recent interest in Bitcoin ETFs has...

2024-03-12 09:50:00 ET Summary Over the last few years, digital currencies and gold have become decent barometers of speculative investor appetite. We can see the correlation between stock market exuberance and gold and digital currency, which has risen since 2015 but accelerated ...

Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (the “Trust”), announced today that it is aware that the common units of fractional undivided beneficial interest of the Trust (the “Units”) are trading at a discount to the value of Bitcoin. Osprey Funds, ...

2024-02-14 20:27:00 ET Summary US traders stayed more bullish than EU and Asia participants, as the price of BTC rose during US trading hours but was negative in EU and Asia trading. 85% of Bitcoin addresses are currently in profit, although there has been a slight 5% decrease in ...

2024-02-13 03:36:00 ET Summary Ten years after the first spot Bitcoin exchange-traded fund application was filed in the U.S., the Securities and Exchange Commission finally approved spot Bitcoin ETFs on January 10, 2024. In roughly the April/May 2024 time frame, the issuance of ne...

2024-02-09 23:17:00 ET Summary Stocks and bonds historically do not perform well when the Fed tightens monetary conditions, and that’s just what the Fed announced it would be doing at the end of 2021. The property market recession has helped pull Chinese prices lower year o...