Foresight News reports that, according to Decrypt, digital asset management companies Grayscale and Osprey have reached a settlement regarding their legal dispute over Bitcoin trust ETF marketing activities. Court documents show that both parties must complete and execute the settlement agreement within the next 45 days. Previously, the court had ruled in favor of Grayscale in February 2025, determining that the Connecticut Unfair Trade Practices Act cited by Osprey does not apply to securities cases.
Foresight News previously reported that, according to The Block, digital asset management company Osprey Funds sued Grayscale in January 2023, claiming that its Bitcoin trust (GBTC) advertisements were misleading, alleging that the claim that GBTC would be converted to an ETF constituted "unfair and deceptive practices and unfair competition". Osprey Funds also claimed that due to Grayscale's false advertising, its asset management fees were more than four times its own, while still maintaining approximately 99.5% of the market share.
