About Invesco Galaxy Bitcoin ETF
Invesco Galaxy Bitcoin ETF is a Bitcoin exchange-traded fund providing investors with exposure to Bitcoin.
Invesco Galaxy Bitcoin ETF Fund Details
About The Fund
- The Invesco Galaxy Bitcoin ETF (BTCO) is a passively managed ETF listed on Cboe BZX Exchange, launched on January 10, 2024, offering direct exposure to bitcoin’s spot price.
- Aims to track the spot price of bitcoin using the Lukka Prime Reference Rate, less the Trust’s expenses and liabilities.
- Charges a 0.25% management fee, with a promotional 0% fee for the first six months on the first $5 billion in assets, expiring July 11, 2025, unless renewed.
- Holdings and Custody: Holds physical bitcoin, with Galaxy Digital Funds LLC as the execution agent and a qualified custodian ensuring secure storage.
- Highly volatile due to bitcoin’s price fluctuations; not suitable for all investors, with potential for significant or total loss, and not registered under the Investment Company Act of 1940.
- As of July 2025, BTCO has approximately $757 million in assets under management, with performance tied to bitcoin’s volatile market movements
Invesco Galaxy Bitcoin ETF Information
| Ticker Symbol | BTCO |
| Issuer | Invesco |
| Expense Ratio | 0.90% |
| Fund Type | Spot |
| Custodian | Coinbase Custody |
| Bitcoin Only | ✓ Yes |
| Fund Inception | 2024-01-11 |
| Regulator | U.S. Securities and Exchange Commission (SEC) |
Investment Strategy
Pure Bitcoin Spot
Market Performance
About Invesco
- Invesco ($1.8T AUM) offers the Invesco Galaxy Bitcoin ETF (BTCO) and Ethereum ETF (QETH) at 0.25% (waived to 0% for first 6 months on BTCO), plus crypto-economy equity ETFs.
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