Osprey Funds launches the first publicly traded U.S. BNB fund

ChainCatcher news, Osprey Funds announced the launch of the Osprey BNB Chain Trust fund (ticker: $OBNB), which is now trading on the OTCQX market.

This is the first publicly traded BNB-based fund in the United States. The fund provides U.S. investors with the opportunity to access BNB through traditional brokerage accounts or IRA accounts, which is one of the few ways to invest in BNB given that it cannot be traded on centralized exchanges in the U.S. BNB, as the native token of the BNB Chain, underpins decentralized applications, DeFi protocols, and smart contracts.