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What is the Invesco Galaxy bitcoin ETF (BTCO)?

The Invesco Galaxy Bitcoin ETF (BTCO) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. BTCO was launched on Jan 11, 2024 and is issued by Invesco. Bitcoin ETFs offer a 'traditional way to buy an untraditional asset,' advisor says.

What is CI Galaxy bitcoin ETF?

CI Galaxy Bitcoin ETF (the “ETF”) is an exchange-traded mutual fund that invests in the digital currency bitcoin. Given the speculative nature of bitcoin and the volatility of the bitcoin markets, there is no assurance that the ETF will be able to meet its investment objective.

What are the Galaxy bitcoin funds?

Simple and secure access to bitcoin. The Galaxy Bitcoin Funds (the “Funds”) are private funds designed to provide institutional-quality exposure to bitcoin. The Funds will invest directly in bitcoin and will be priced based on the Bloomberg Galaxy Bitcoin Index (“BTC”), a bitcoin pricing source administered and calculated by Bloomberg.

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