Invesco Galaxy Bitcoin ETF
$82.71+0.39 (+0.47%)
- 0.25%
- $415M
- −29.2%
- 0.1M sh
- $81.79
- low $57.76high $115.76
The ETF.net BTCO Grade
B
Score 59 out of 100
- 9 of 13
Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D35 out of 100Rank 7 of 13Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 6 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 6 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 6 of 13
Our read on BTCO
BA day-one member of the January 2024 spot bitcoin class: a trust that holds the coin, tracks the Lukka Prime reference rate, and charges the category's median fee. No yield, no hedging, no cleverness.
The Trust seeks to track the spot price of bitcoin, measured by the Lukka Prime Bitcoin Reference Rate, after expenses and liabilities.
Why people hold it
- One job, stated plainly: hold bitcoin and track the spot price via the Lukka Prime Bitcoin Reference Rate, after expenses. Nothing else in the box.
- The 0.25% expense ratio sits right at the median for spot bitcoin funds, so the Invesco name does not carry a markup.
- Launched January 2024 with the first wave of US spot bitcoin ETFs, giving it a real operating history rather than a late me-too listing.
- Grantor trust wrapper: shares stand for bitcoin the trust holds, bought and sold in a normal brokerage account instead of an exchange wallet.
Worth knowing
- Cheaper ways to own the same exposure exist in the cohort, including BTC at 0.15% and BITB and HODL at 0.20%.
- Moderately traded rather than one of the category's busiest tickers, which can show up in spreads on larger or hurried orders.
- It makes no distributions. The whole result rides on bitcoin's price, an asset class with a wide swing range.
BTCO Holdings
- Other
- 1
- 100%
- Physical Bitcoin
BTCO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
BTCO$7,082
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BTCO |
|---|---|
| Year to date | −5.6% |
| 1 month | +7.1% |
| 3 months | +29.5% |
| 1 year | −29.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BTCO |
|---|---|---|
| 2026 YTD | −5.6% | |
| 2025 | −6.6% | |
| 2024 | +100.5% |
BTCO in the news
BTCO Dividends
No distributions in the last 12 months.
BTCO Risk
- 53.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.63
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −53.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BTCO Cost
0.25%
BTCO0.25%
- The middle half of Spot Bitcoin funds
- Median 0.23%
6 of the 12 Spot Bitcoin funds charge less.
Other funds in Spot Bitcoin
- BFBTCFidelity Wise Origin Bitcoin FundExpense ratio 0.25%1 year return −29.2%
- BIBITiShares Bitcoin Trust ETFExpense ratio 0.25%1 year return −29.2%
- BGBTCGrayscale Bitcoin Trust ETFExpense ratio 1.50%1 year return −30.1%
- CBTCWWisdomTree Bitcoin FundExpense ratio 0.25%1 year return −29.1%
- CBRRRCoinShares Bitcoin ETFExpense ratio 0.25%1 year return −29.2%