Invesco In Partnership With Galaxy Asset Management Announced The Launch Of The Invesco Galaxy Bitcoin ETF (BTCO)
Portfolio Pulse from Benzinga Newsdesk
Invesco, in collaboration with Galaxy Asset Management, has launched the Invesco Galaxy Bitcoin ETF (BTCO), providing investors with exposure to Bitcoin.
January 11, 2024 | 12:04 pm
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Invesco has partnered with Galaxy Asset Management to launch a new Bitcoin ETF, BTCO, which may attract investors seeking cryptocurrency exposure.
The launch of the Invesco Galaxy Bitcoin ETF (BTCO) by Invesco is a significant move into the cryptocurrency space, which could attract new investors looking for exposure to Bitcoin without direct investment in the cryptocurrency. This could lead to increased interest and investment in Invesco's offerings, potentially having a positive impact on IVZ's stock price in the short term.
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