# Osprey Bitcoin Trust (OBTC): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/obtc for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Rexshares · Asset class: US Equity - Strategy: Actively Managed · Inception: 2025-12-19 The Osprey Bitcoin Trust (OBTC) delivers economical services within the digital asset sphere. This organization is dedicated to creating advanced investment products, guaranteeing both secure and straightforward access for investors. Its corporate headquarters can be found in Fairfield, Connecticut. ## Key Facts | Metric | Value | |---|---| | Price | $24.62 | | Expense Ratio | 0.49% | | Assets Under Management | $59.4M | | NAV | $25.90 (2026-10-29 close) | | Holdings Count | 2 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $18.38 – $33.30 | | Beta | 2.03 | ## Frequently Asked Questions ### What does OBTC invest in? The Osprey Bitcoin Trust (OBTC) delivers economical services within the digital asset sphere. This organization is dedicated to creating advanced investment products, guaranteeing both secure and straightforward access for investors. Its corporate headquarters can be found in Fairfield, Connecticut. ### What is the expense ratio of OBTC? Osprey Bitcoin Trust (OBTC) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is OBTC? Osprey Bitcoin Trust (OBTC) manages $59.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is OBTC actively managed or an index fund? OBTC is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (OBTC's is 0.49%) in exchange for the discretion to over- or under-weight positions. ### When was OBTC launched? Osprey Bitcoin Trust (OBTC) launched in December 2025 and is managed by Rexshares. ### How has OBTC performed? OBTC's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does OBTC pay a dividend? Osprey Bitcoin Trust (OBTC) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does OBTC pay dividends? Osprey Bitcoin Trust pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is OBTC's dividend yield? OBTC's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is OBTC's next ex-dividend date? OBTC hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will OBTC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does OBTC charge its expense ratio? The expense ratio is deducted in tiny daily slices from OBTC's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does OBTC cost more than a fund like VOO? OBTC is actively managed (current expense ratio 0.49%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether OBTC's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to OBTC? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as OBTC (0.49%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/obtc - Distribution history: https://www.dividenddata.com/funds/obtc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/obtc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/obtc/expenses - Peer comparison: https://www.dividenddata.com/funds/obtc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.