Invesco enters crypto ETP space with bitcoin launch

Deepens partnership with CoinShares

Invesco is taking its first steps in the cryptocurrency exchange-traded product (ETP) space in Europe with the launch of a bitcoin strategy.

The Invesco Physical Bitcoin ETP (BTIC) is listed on the Deutsche Boerse with a total expense ratio (TER) of 0.99%. 

Physically-backed, BTIC tracks the CoinShares Bitcoin Hourly Reference Rate index to deliver the price performance…

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