Tui Jude
11-23 05:52

Great article, would you like to share it?

@Barcode：$Osprey Bitcoin Trust(OBTC)$ 🅱️U͛L͛L͛I͛S͛H͛📈 📈🎯📈 OBTC: Eyes on $60! 📈🎯📈 Kia ora Tiger traders! OBTC Osprey Bitcoin Tr (22Nov24, 🇳🇿NZ Time) is trading at $30.00, with pattern analysis projecting a potential move to $60 by mid-2025. Half way there. The chart highlights a sharp upward trajectory supported by robust momentum and breakout dynamics. As the pattern unfolds, this setup suggests a compelling long-term opportunity for traders. Fun Fact: Osprey Bitcoin Trust (OBTC) operates as a lower-cost alternative to Grayscale Bitcoin Trust (GBTC), charging only 0.49% in fees—making it one of the most affordable ways to gain Bitcoin exposure without directly holding the asset. For comparison, GBTC charges nearly double the fees at 2%. A cost-efficient way to ride the crypto 🌊! Bitwise Bitcoin ETF Acquired Osprey Bitcoin Trust. With this acquisition, OBTC investors will benefit from lower fees—0.2% with BITB compared to 0.49% with OBTC. Additionally, they will experience more accurate tracking of Bitcoin’s price, as BITB tends to follow Bitcoin’s value more closely than OBTC did. This acquisition is part of Bitwise’s broader plan to grow its presence in the competitive Bitcoin ETF market, where it competes with big names like BlackRock, Fidelity, and Grayscale. Recently, Bitwise expanded into Europe by acquiring the London-based ETC Group, which offers similar crypto investment products. This expansion brings Bitwise’s total assets under management to $4.5 billion, further establishing its influence in the global crypto market. OBTC investors, who previously saw their shares sometimes drift away from Bitcoin’s actual price, will now benefit from BITB’s price tracking. Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerStars @TigerPicks @TigerObserver @Daily_Discussion @TigerPM @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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