Invesco Galaxy Bitcoin ETF’s third-quarter net income increased year over year as bitcoin’s sharp price rebound drove a large unrealized gain. Spot bitcoin ETP inflows, improved liquidity, a softer U.S. dollar and expanded Treasury bond buybacks supported demand; net realized gains also contributed.
Financial Highlights
² Reported as “Net Income (Loss)”.
Business Highlights
- Bitcoin performance: The Trust’s NAV total return was 42.23%; the Benchmark increased 42.31% in the quarter.
- Market demand: Spot bitcoin ETPs took in nearly $5.9 billion for the quarter, signaling recovering institutional demand.
- Share performance: Market-value total return was 42.35%; shares ended the quarter at $83.15, up from $58.41.
Original SEC Filing: Invesco Galaxy Bitcoin ETF [ BTCO ] - 10-Q - Nov. 05, 2026
