1935 (Atlanta, GA)
Andrew Schlossberg (since June 2023)
Publicly Traded (NYSE: IVZ)
~$2.45 Trillion (Q3 2026)
$0 (No physical BTC held directly)
1:1 Physically Backed (BTCO / BTIC)
Galaxy Digital (Execution & Market Intelligence Partner).
Andrew Schlossberg holds a B.S. in Finance and International Business from the University of Delaware and an M.B.A. from the Kellogg School of Management (Northwestern). He joined Invesco in 2001, serving as Senior Managing Director and Head of the Americas prior to becoming CEO on June 30, 2023. Under his leadership, Invesco partnered with Galaxy Digital to launch the Invesco Galaxy Bitcoin ETF (BTCO), creating regulated, institutional-grade avenues for advisors and wealth managers to incorporate Bitcoin into multi-asset portfolios.
invesco.com
Spot ETF & Asset Management Stack
Invesco delivers regulated, institutional-grade access to Bitcoin. The Invesco Galaxy Bitcoin ETF (BTCO) operates in partnership with Galaxy Digital, holding physical BTC in cold storage secured by Coinbase Custody. In Europe, the firm provides the Invesco Physical Bitcoin ETP (BTIC) across Xetra, LSE, and SIX, vaulted via Zodia Custody.
Vertical Assets
- Invesco Galaxy Bitcoin ETF (BTCO)
- Invesco Galaxy Ethereum ETF (QETH)
- Invesco Physical Bitcoin ETP (BTIC – Europe)
- Crypto Economy ETF (SATO)
Key Ecosystem Partners
- Galaxy Digital (Execution & Crypto Intelligence)
- Coinbase Custody Trust Co. (BTCO US Custodian)
- Zodia Custody (BTIC European Custodian)
- BNY Mellon (Cash Custodian & Administrator)
Strategic Value
Invesco unlocks wealth management allocation. By offering a spot ETF backed 1:1 by physical Bitcoin, BTCO removes custody friction for wealth managers, RIAs, and fiduciaries, allowing institutional capital to flow seamlessly into the fixed 21-million supply of Bitcoin.
| Primary Business Revenue | Investment Advisory, Administration & ETF Management Fees |
| Direct Physical Corporate BTC | $0 (Does not hold BTC as a corporate treasury reserve) |
| Fund Custodial Bitcoin Exposure | 1:1 Physical BTC backing for BTCO (US) & BTIC (Europe) shareholders |
| BTCO Expense Ratio | 0.25% Standard Sponsor Fee |
| Spot BTC Custody Architecture | Coinbase Custody (US) / Zodia Custody (Europe) |
| Creation / Redemption Mechanism | Cash-Creation Model via Authorized Participants |
| Corporate Domicile | Atlanta, Georgia, USA |
Holding & Custody Structure Note: Invesco Ltd. holds $0 in direct physical spot Bitcoin on its corporate balance sheet. Instead, the firm facilitates Bitcoin exposure for institutional and retail investors via the Invesco Galaxy Bitcoin ETF (BTCO) in the US and BTIC in Europe. All underlying Bitcoin is held 1:1 in segregated, offline cold storage vaults managed by third-party custodians (Coinbase Custody and Zodia Custody), fully isolated from Invesco’s corporate liabilities.