Invesco Galaxy Bitcoin ETF (BTCO) Lists on Cboe BZX Exchange
Ticker: BTCO · Form: 8-K · Filed: Jan 29, 2024 · CIK: 1855781
| Field | Detail |
|---|---|
| Company | Invesco Galaxy Bitcoin Etf (BTCO) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $5 billion |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: ETF, listing, bitcoin, crypto
TL;DR
**Invesco Galaxy Bitcoin ETF (BTCO) is officially listed and ready for trading on Cboe BZX Exchange.**
AI Summary
Invesco Galaxy Bitcoin ETF (BTCO) filed an 8-K on January 29, 2024, to register its Common Shares of Beneficial Interest for trading on the Cboe BZX Exchange, Inc. This filing confirms the ETF's operational status and its ability to be publicly traded, which is crucial for investors looking for a regulated way to gain exposure to Bitcoin. For current or prospective shareholders, this means the ETF is officially listed and available for trading, enhancing liquidity and accessibility.
Why It Matters
This filing confirms the Invesco Galaxy Bitcoin ETF (BTCO) is officially listed and trading, providing investors with a regulated and accessible vehicle to invest in Bitcoin.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for an ETF to register its shares for trading, indicating standard operational procedures rather than new risks.
Analyst Insight
Investors interested in Bitcoin exposure through a regulated ETF should note BTCO's official listing on the Cboe BZX Exchange, which enhances its accessibility and legitimacy.
Key Numbers
- 001-41913 — SEC File Number (identifies the registration statement for the ETF)
- 88-6155978 — IRS Employer Identification No. (unique tax identification for the ETF)
Key Players & Entities
- Invesco Galaxy Bitcoin ETF (company) — the registrant filing the 8-K
- Cboe BZX Exchange, Inc. (company) — the exchange where BTCO shares are registered for trading
- BTCO (company) — the trading symbol for Invesco Galaxy Bitcoin ETF
- January 29, 2024 (date) — date of earliest event reported and filing date
Forward-Looking Statements
- Trading volume for BTCO will increase as investors gain awareness of its listing. (BTCO) — medium confidence, target: Q1 2024
- Invesco Galaxy Bitcoin ETF will attract capital from institutional investors seeking regulated Bitcoin exposure. (Invesco Galaxy Bitcoin ETF) — medium confidence, target: Q2 2024
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is "Invesco Galaxy Bitcoin ETF".
On which exchange are the Common Shares of Beneficial Interest for Invesco Galaxy Bitcoin ETF registered?
The Common Shares of Beneficial Interest for Invesco Galaxy Bitcoin ETF are registered on the Cboe BZX Exchange, Inc.
What is the trading symbol for Invesco Galaxy Bitcoin ETF?
The trading symbol for Invesco Galaxy Bitcoin ETF is BTCO.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was January 29, 2024.
Is Invesco Galaxy Bitcoin ETF considered an emerging growth company according to this filing?
No, the filing indicates with an unchecked box that Invesco Galaxy Bitcoin ETF is not an emerging growth company.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2024-01-29 16:44:12
Key Financial Figures
- $5 billion — ver the entire Sponsor Fee on the first $5 billion of Trust assets for the 6-month period
Filing Documents
- d721311d8k.htm (8-K) — 25KB
- d721311dex991.htm (EX-99.1) — 19KB
- g721311g21v48.jpg (GRAPHIC) — 13KB
- 0001193125-24-018212.txt ( ) — 189KB
- btco-20240129.xsd (EX-101.SCH) — 3KB
- btco-20240129_lab.xml (EX-101.LAB) — 18KB
- btco-20240129_pre.xml (EX-101.PRE) — 11KB
- d721311d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. The following exhibits are filed herewith: Exhibit No. Description 99.1 Invesco and Galaxy drop the Sponsor Fee on Invesco Galaxy Bitcoin ETF (BTCO) press release of Invesco Galaxy Bitcoin ETF, dated as of January 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. I NVESCO G ALAXY B ITCOIN ETF Invesco Capital Management LLC, as Sponsor of the Trust By: /s/ Adam Henkel Name: Adam Henkel Title: Secretary and Head of Legal, US ETFs Date: January 29, 2024