Key stats
About INVESCO GALAXY BITCOIN ETF
Home page
Inception date
Jan 11, 2024
Structure
Grantor Trust
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
BTCO aims to track the spot price of Bitcoin, as measured using the Lukka Prime Bitcoin Reference Rate, less expenses and liabilities. It intends to provide accessibility to Bitcoin without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by Bitcoin held in cold storage, which is a safeguarding method by which the private keys corresponding to the trusts Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily using the estimated fair market value price for Bitcoin, reflecting its execution price on the principal market, as identified each day by evaluating Bitcoin trading platforms across various criteria, including governance frameworks, trading volume, data transparency, and data integrity. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, BTCO doesn't pay dividends to its holders.
BTCO shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jan 11, 2024, and its management style is Passive.
BTCO expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
BTCO follows the Lukka Prime Bitcoin Reference Rate - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BTCO price has risen by 7.49% over the last month, and its yearly performance shows a 53.26% increase. See more dynamics on BTCO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 21.66% over the last month, showed a 7.24% increase in three-month performance and has increased by 10.55% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 21.66% over the last month, showed a 7.24% increase in three-month performance and has increased by 10.55% in a year.
BTCO trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.