Invesco and Galaxy drop the Sponsor Fee on Invesco Galaxy Bitcoin ETF (BTCO)

ATLANTA, Jan. 29, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global provider of exchange-traded funds (ETFs), in partnership with Galaxy Asset Management,1 one of the world's largest digital asset and blockchain investment managers, today announced a reduction in Invesco Galaxy Bitcoin ETF's (BTCO) Sponsor Fee by 14 basis points, lowering the total expense ratio from 0.39% to 0.25%. Invesco continues to waive BTCO's entire fee on assets up to $5 billion2 for BTCO's first six months of operati ...