PANews reported on December 19 that Osprey Funds announced the launch of the Osprey BNB Chain Trust Fund (code: $OBNB) and listed it on the OTCQX market. This is the first publicly traded BNB-based fund in the United States. The fund provides American 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 when BNB cannot be traded on centralized exchanges in the United States. BNB, as the native token of the BNB chain, is the basis of decentralized applications, DeFi protocols, and smart contracts.
Osprey Funds Launches First Publicly Traded U.S. BNB Fund
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