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IVZ Invesco Ltd

15.55
0.34 (2.24%)
11 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Invesco Ltd NYSE:IVZ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.34 2.24% 15.55 15.60 15.22 15.30 7,083,259 01:00:00

Galaxy Digital Holdings, Invesco Launch Spot-Bitcoin ETF

11/01/2024 12:52pm

Dow Jones News


Invesco (NYSE:IVZ)
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By Adriano Marchese

 

Galaxy Digital Holdings and Invesco said they have launched a bitcoin-focused exchange-traded fund which gives investors access to the cyrptocurrency's market price.

The digital-assets and blockchain company in partnership with the ETF provider said Thursday that they have launched the Invesco Galaxy Bitcoin ETF on the Cboe BZX Exchange.

The news follows the approval by the U.S. Securities and Exchange Commission, which voted on Wednesday to allow mainstream investors to buy and sell bitcoin as easily as stocks and mutual funds.

The companies said that by purchasing bitcoin through an established financial vehicle, the more difficult operational aspects of spot bitcoin are avoided, such as custodial duties and storage wallets to keep assets secure.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

January 11, 2024 07:37 ET (12:37 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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