Cryptocurrencies
Bitcoin Fee Wars Erupt as Upstart Targets Grayscale’s Billions
- OBTC‘s fee is a fourth of what Grayscale’s trust charges
- Demand for crypto-focused products has surged amid bull run
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The fledging world of cryptocurrency funds is set to welcome a bold new entrant.
The Osprey Bitcoin Trust (ticker OBTC) will launch in the over-the-counter markets with a 0.49% management fee, according to the Osprey Funds website. Fidelity Digital Assets will provide custody services.