Cryptocurrency Q&A
Does Invesco have a bitcoin ETF?
Does Invesco have a bitcoin ETF?
CryptoMagician
Thu Jul 18 2024
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7 answers
1024
With the growing interest in digital currencies, many investors are seeking opportunities to gain exposure to Bitcoin through traditional investment vehicles. This begs the question, does the well-known asset management firm Invesco offer a Bitcoin Exchange-Traded Fund (ETF)? The ETF structure provides investors with liquidity and convenience while enabling them to participate in an asset class without having to hold the underlying asset directly. Given Invesco's reputation and expertise in managing diversified portfolios, it's natural to inquire whether they have capitalized on the Bitcoin trend and launched a corresponding ETF product.
7 answers
Federica
Sat Jul 20 2024
This fee waiver applies to assets worth up to $5 billion, providing investors with a cost-effective entry point into the Bitcoin market.
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EmeraldPulse
Sat Jul 20 2024
The managers overseeing the ETF have the discretion to extend the waiver period beyond the initial six months if they deem it necessary.
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Dario
Sat Jul 20 2024
Extending the fee waiver could potentially attract more investor funds, further boosting the ETF's liquidity and market presence.
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Martina
Sat Jul 20 2024
Invesco's Bitcoin holdings are being administered directly, without the involvement of a third-party custodian such as Coinbase.
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CryptoLordGuard
Sat Jul 20 2024
The ETF has implemented an incentive scheme by waiving its annual fee of 0.39% for the initial six-month period, which spans until July 2024.
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