According to Arkham monitoring data, asset management giant Invesco Bitcoin exchange-traded fund BTCO Invesco Galaxy Bitcoin ETF today transferred 558.174 BTC to an address starting with bc1qz, worth about $53.51 million.
Paul Jackson, global head of asset allocation research at Invesco, told a webinar that central banks, including the US Federal Reserve, would continue to cut interest rates in 2025. US interest rates are already high enough that the Fed is likely to allow the easing process to continue. The same will be true for "the vast majority of central banks around the world".
According to Arkham monitoring data, the Invesco (Invesco) spot bitcoin exchange-traded fund BTCO Invesco Galaxy Bitcoin ETF marked address transferred a total of about 4060 BTC to multiple unmarked addresses 12 hours ago, worth about $220.52 million.
The Securities Exchange Commission has separately issued notices of the validity of S-1 applications for INVESCO & GALAXY Spot Ethereum ETF, Fidelity Spot Ethereum ETF, 21SHARES Spot Ethereum ETF, FRANKLIN Spot Ethereum ETF, BlackRock Spot Ethereum ETF, and grey release Spot Ethereum Mini ETF.
Invesco Galaxy has revealed that its spot Ethereum ETF fee is 0.25%.
Invesco Galaxy has filed an S-1/A filing with the SEC for its spot Ethereum ETF.
Invesco Galaxy and the iShares Ethereum ETF have each filed new 8-A12B filings with the SEC for their Ethereum ETFs.
Asset managers Invesco and Galaxy's spot Ethereum ETF will charge investors a management fee of 0.25%, slightly higher than the 0.20% VanEck disclosed last month. The analysis believes that the management fee is used by the issuer to pay for the maintenance of the fund, such as marketing expenses, salaries and custody services. Most issuers of spot Bitcoin ETFs choose a rate between 0.19% and 0.30%, and Ethereum ETF issuers may do the same.