UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events |
On January 29, 2024, Invesco Ltd, in partnership with Galaxy Asset Management, issued a press release announcing that, effective January 29, 2024, the annualized rate of the fee payable by Invesco Galaxy Bitcoin ETF (the “Fund”) to Invesco Capital Management, LLC (the “Sponsor”), under the Second Amended and Restated Declaration of Trust (the “Sponsor Fee”), will be permanently reduced from 0.39% of the Fund’s total net assets to 0.25% of the Fund’s total net assets. This fee reduction does not affect the Sponsor’s intention to waiver the entire Sponsor Fee on the first $5 billion of Trust assets for the 6-month period that commenced on January 11, 2024, the day the Trust’s Shares were initially listed on the Cboe BZX.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits. The following exhibits are filed herewith:
| Exhibit |
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.
| INVESCO GALAXY BITCOIN 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