After multiple altcoins, including ETF and over-the-counter trusts in the U.S., BONK has also launched an over-the-counter ETP trust in the U.S., with the code OBNK.
This trust is issued by Osprey Funds, which has previously launched over-the-counter trusts for BNB, DOT, and SOL in the U.S. The goal is to allow investors to indirectly hold tokens through the over-the-counter market without having to manage wallets or private keys themselves.
However, it's unfortunate that the recent market conditions haven't been great, and many over-the-counter trusts have recorded declines after their launch.
But overall, this is still considered a traditional investment channel. $ETH
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