BTCO

📎 Investment Objective

The Invesco Galaxy Bitcoin ETF (BTCO) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Galaxy Bitcoin Index.

✨ Key Features

• Provides exposure to the Bitcoin cryptocurrency through regulated futures contracts
• Aims to track the performance of the Galaxy Bitcoin Index, which measures the performance of Bitcoin
• Potentially offers a more accessible and regulated way to gain exposure to Bitcoin compared to direct cryptocurrency investment
• Expense ratio of 0.00%, making it a low-cost option for Bitcoin exposure

⚠️ Primary Risks

• Significant volatility and price fluctuations of the underlying Bitcoin asset
• Risks associated with the use of futures contracts, including potential liquidity issues and the possibility of divergence from the spot price of Bitcoin
• Regulatory risks, as the cryptocurrency market is subject to evolving laws and regulations
• Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

The Invesco Galaxy Bitcoin ETF may be suitable for investors seeking exposure to the Bitcoin cryptocurrency as part of a diversified portfolio. However, due to the high volatility and speculative nature of the cryptocurrency market, this ETF is generally considered a high-risk, high-potential-return investment and may not be appropriate for all investors, especially those with a low risk tolerance or a short investment horizon.