$BTCO

Invesco Galaxy Bitcoin ETF

CIK:0001855781|SEC Filings

Statements of Income and Expenses - USD ($)	3 Months Ended		6 Months Ended
Statements of Income and Expenses - USD ($)	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income
Total Income	$ 0	$ 0	$ 0	$ 0
Expenses
Sponsor Fee	291,917	319,429	599,845	726,402
Total Expenses	291,917	319,429	599,845	726,402
Net Investment Income (Loss)	(291,917)	(319,429)	(599,845)	(726,402)
Investment Company Realized and Net Change in Unrealized Gain (Loss) [Abstract]
Investments in Bitcoin Sold to Pay Sponsor Fee	(165,121)	47,596	(301,591)	136,544
Investments in Bitcoin Sold for Redemptions	(43,974,778)	12,299,259	(51,619,053)	73,146,961
Net Realized Gain (Loss)	(44,139,899)	12,346,855	(51,920,644)	73,283,505
Net Change in Unrealized Gain (Loss) on Investments in Bitcoin	(11,690,927)	114,413,890	(130,556,761)	(19,530,740)
Net Realized and Net Change in Unrealized Gain (Loss) on Investments in Bitcoin	(55,830,826)	126,760,745	(182,477,405)	53,752,765
Net Income (Loss)	$ (56,122,743)	$ 126,441,316	$ (183,077,250)	$ 53,026,363

Statements of Cash Flows - USD ($)	3 Months Ended		6 Months Ended
Statements of Cash Flows - USD ($)	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net Income (Loss)	$ (56,122,743)	$ 126,441,316	$ (183,077,250)	$ 53,026,363
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Cost of bitcoin purchased			(66,313,377)	(89,021,228)
Proceeds from bitcoin sold to pay Sponsor Fee			638,169	793,259
Proceeds from bitcoin sold for redemptions	96,486,088	67,360,804	111,697,588	313,763,953
Net Realized (Gain) Loss on Investments in Bitcoin Sold to pay Sponsor Fee	165,121	(47,596)	301,591	(136,544)
Net Realized (Gain) Loss on Investments in Bitcoin Sold for Redemptions			51,619,053	(73,146,961)
Net Change in Unrealized (Gain) Loss on Investments in Bitcoin	11,690,927	(114,413,890)	130,556,761	19,530,740
Change in operating assets and liabilities:
Accrued Sponsor fee			(38,324)	(66,863)
Net cash provided by (used in) operating activities			45,384,211	224,742,719
Cash flows from financing activities:
Proceeds from purchases of Shares			66,314,802	89,033,072
Redemption of Shares			(111,699,013)	(313,775,791)
Net cash provided by (used in) financing activities			(45,384,211)	(224,742,719)
Net change in cash			0	0
Cash at beginning of period			0	0
Cash at end of period	$ 0	$ 0	$ 0	$ 0

Statements of Financial Condition - USD ($)

Jun. 30, 2026

Dec. 31, 2025

Assets

Investments in Bitcoin, at value (cost $232,997,618 and $330,940,642, respectively)

$ 315,869,355

$ 544,369,140

Total Assets

315,869,355

544,369,140

Payable for:

Accrued Sponsor fee

80,821

119,145

Total Liabilities

80,821

119,145

Commitments and Contingencies (Note 9)

Net Assets

315,788,534

544,249,995

Net assets consist of:

Paid-in-capital

164,912,980

210,297,191

Distributable earnings (loss)

150,875,554

333,952,804

Net Assets

$ 315,788,534

$ 544,249,995

Shares outstanding

5,370,000

6,240,000

Net asset value per share

$ 58.81

^[1]

$ 87.22

Market value per share

$ 58.41

$ 87.2

[1]

For financial reporting purposes, the Trust values transactions based upon the end of reporting period price in the market. Accordingly, the investment valuations in these financial statements may differ from those used in the calculation of certain of the Trust’s final creation and redemption NAVs.