AI filing briefs

Osprey Bitcoin Trust (OBTC)

OBTC 8-K filings, explained

Every material Form 8-K Osprey Bitcoin Trust has filed with the SEC since December 23, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs on record3since Dec 23, 2025
Latest filingJun 22, 2026other
High impact (4-5)1of 3 briefs
ToneNeutral3
other 1legal/regulatory 1product/contract 1
Jun 22, 4:45 PM ET

Osprey Bitcoin Trust replaces Grant Thornton with Cherry Bekaert as auditor

Neutral other Written later 4.01

Osprey Bitcoin Trust dismissed Grant Thornton LLP as its independent auditor on June 16, 2026, and engaged Cherry Bekaert LLP on June 17, 2026, for the fiscal year ending December 31, 2026. The filing says Grant Thornton's prior two audit reports contained no adverse opinion, disclaimer, or qualification, and that no disagreements with the auditor were reported, but it notes a material weakness in internal control that has not been fully remediated.

  • Grant Thornton LLP dismissed effective June 16, 2026; Cherry Bekaert LLP engaged effective June 17, 2026
  • Grant Thornton's audit reports for fiscal 2024 and 2025 had no adverse opinion, disclaimer, or qualification
  • Material weakness tied to ineffective oversight of the administrator process led to an audit adjustment for fiscal 2025 and was not fully remediated as of March 31, 2026
  • Grant Thornton's letter to the SEC dated June 22, 2026 is filed as Exhibit 16.1
Read the filing on SEC.gov ↗
Jan 12, 8:55 AM ET

Osprey Bitcoin Trust amends cash order cutoff to 5:30 p.m. Eastern on prior business day

Neutral legal/regulatory Written later 1.01

Osprey Funds, LLC, the sponsor of Osprey Bitcoin Trust, and Delaware Trust Company signed an amendment on January 9, 2026 to the trust agreement. The change moves the cutoff for cash purchase and redemption orders from 6:00 p.m. to 5:30 p.m. Eastern Time on the business day before the trade date. The filing describes this as an administrative update to order timing, and it does not mention any change to fees, assets or share economics.

  • Amendment dated January 9, 2026, between Osprey Funds, LLC and Delaware Trust Company
  • Cash purchase and redemption order cutoff moved from 6:00 p.m. to 5:30 p.m. Eastern Time on the prior business day
  • Full amendment filed as Exhibit 1.01 to the 8-K; report signed January 12, 2026 by CEO Gregory D. King
Read the filing on SEC.gov ↗
Dec 23, 5:16 PM ET

Osprey Bitcoin Trust adopts exchange-traded terms, 0.49% fee, Nasdaq listing plan

Neutral product/contract Written later 1.01

On December 18, 2025, the sponsor Osprey Funds, LLC and trustee CSC Delaware Trust Company signed a Third Amended and Restated Declaration of Trust to convert Osprey Bitcoin Trust into an exchange-traded product and list its Shares on Nasdaq. Under the revised terms, the trust pays a management fee of 0.49% annualized on net asset value, while the sponsor bears most of the trust's ordinary operating expenses.

  • Agreement dated December 18, 2025 converts the trust into an exchange-traded product with Shares to be listed on Nasdaq Stock Market LLC.
  • Management fee of 0.49% annualized on net asset value, accrued daily and paid monthly in arrears to the Sponsor.
  • Sponsor bears routine operational, administrative and ordinary expenses, including trustee, custodian, audit and listing fees.
  • Shares can be issued and redeemed only in blocks of 10,000 or integral multiples, in exchange for Bitcoin or cash.
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Osprey Bitcoin Trust filing is on SEC EDGAR ↗. 8-K briefs of other companies →