Osprey Funds, an investment management firm that is seeking to convert its Osprey Bitcoin Trust (OBTC) into an ETF following the termination of the Bitwise acquisition, said in a statement on January 14 that it would file a Form S-1 with a registration statement with the SEC "as soon as possible". According to the OBTC, the fund currently tracks the price of bitcoin without holding actual assets, with an AUM of $181 million.