🚀 Big Moves in Bitcoin! 🚀

Bitwise Bitcoin ETF (BITB) is about to get a $120M Bitcoin boost! 🎉 Bitwise Asset Management and Osprey Funds have inked a deal to transfer assets from Osprey Bitcoin Trust (OBTC) to BITB.

- OBTC unitholders will swap their shares for BITB shares.

- Deal expected to close later this year.

- OBTC has been trading at a discount, while BITB trades closer to Bitcoin's value.

Osprey CEO Greg King says, "This is the best option for everyone."

What do you think of this move? Share your thoughts below! 👇

#Bitcoin #CryptoNews #ETF