Odaily Planet Daily News Crypto asset management company Osprey Funds has laid off 15 employees, leaving less than 10 employees, including four senior executives. Greg King, CEO of Osprey Funds, said in an email that the downturn in the crypto market led Osprey to layoffs in the summer and fall of last year, but that Osprey remains strong. As of January 6, Osprey Bitcoin Trust (OBTC) had approximately $46.9 million in assets under management. Previously, on April 12, 2022, a total of 22 employees’ information was listed on Osprey’s website. By August 15, that number dropped to 19. On November 28, there were only four executives’ information left on the company’s website. Sources said Osprey had previously tried to launch a hedge fund, but the company said its latest layoffs were due to a failed hedge fund launch.