{"id":60149,"date":"2024-06-06T09:30:38","date_gmt":"2024-06-06T08:30:38","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=60149"},"modified":"2024-06-06T10:01:49","modified_gmt":"2024-06-06T09:01:49","slug":"invesco-etf-launches-invesco-physical-bitcoin-etp-on-the-lse","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/invesco-etf-launches-invesco-physical-bitcoin-etp-on-the-lse\/","title":{"rendered":"Invesco ETF launches Invesco Physical Bitcoin ETP on the LSE"},"content":{"rendered":"<h5 style=\"text-align: justify;\"><span lang=\"en-GB\"><strong>Invesco ETF<\/strong> launches today Invesco Physical Bitcoin ETP on the London Stock Exchange<\/span><\/h5>\n<p><!--more--><\/p>\n<p style=\"text-align: center;\"><a href=\"\/newsletter\" class=\"broken_link\"><strong>Sign up to our free newsletters<\/strong><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>By ETFWorld.co.uk<\/strong><\/p>\n<hr \/>\n<p><strong>Chris Mellor, Head of EMEA Equity ETF Product Management at Invesco<\/strong><\/p>\n<hr \/>\n<p><span style=\"color: #56aa1c;\"><strong>Invesco Physical Bitcoin<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">The Invesco Physical Bitcoin ETP aims to track the price of Bitcoin. Each Physical Bitcoin ETP certificate is secured by Bitcoin held offline in cold storage by Zodia Custody Limited, a UK-based digital asset custodian that is majority-owned by Standard Chartered Bank. The ETP is administered by Northern Trust, which is also a minority shareholder in Zodia Custody. The issuer of the certificates, Invesco Digital Markets PLC, is a Jersey-domiciled company.<\/p>\n<p style=\"text-align: justify;\">The objective is to return to the investor the value of the underlying Bitcoin held by the ETP (less costs), which is determined by reference to the CoinShares Bitcoin Reference Rate \u2013 4pm fixing, which reflects real-time trade prices, recorded on a minute-by-minute basis, on the most liquid and reputable digital exchanges. The index sponsor is CoinShares, the largest digital asset manager in Europe and the benchmark is calculated by Compass Financial Technologies, a BMR-registered benchmark provider.<\/p>\n<p style=\"text-align: justify;\">The Invesco Physical Bitcoin ETP is a secured debt instrument; it is not a fund or an exchange traded fund.<\/p>\n<table style=\"border-collapse: collapse; width: 100%; height: 144px;\">\n<tbody>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\"><strong>Product Name<\/strong><\/td>\n<td style=\"width: 50%; height: 24px;\"><span style=\"color: #56aa1c;\"><strong>Invesco Physical Bitcoin ETP<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\"><strong>ISIN<\/strong><\/td>\n<td style=\"width: 50%; height: 24px;\">\n<div class=\"bold-font-weight regular-font-size ng-star-inserted\">\n<div class=\"bold-font-weight regular-font-size ng-star-inserted\">XS2376095068<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\"><strong>SEDOL<\/strong><\/td>\n<td style=\"width: 50%; height: 24px;\">BRDXKV5<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\"><strong>Trading Currency<\/strong><\/td>\n<td style=\"width: 50%; height: 24px;\">GBP<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\"><strong>Underlying<\/strong><\/td>\n<td style=\"width: 50%; height: 24px; text-align: justify;\"><strong>Bitcoin<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\"><strong>Management Fee<\/strong><\/td>\n<td style=\"width: 50%; height: 24px;\">0.39%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 50%;\"><strong>Product Name<\/strong><\/td>\n<td style=\"width: 50%;\"><span style=\"color: #56aa1c;\"><strong>Invesco Physical Bitcoin ETP<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><strong>ISIN<\/strong><\/td>\n<td style=\"width: 50%;\">\n<div class=\"bold-font-weight regular-font-size ng-star-inserted\">\n<div class=\"bold-font-weight regular-font-size ng-star-inserted\">XS2376095068<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><strong>SEDOL<\/strong><\/td>\n<td style=\"width: 50%;\">BRDXKP9<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><strong>Trading Currency<\/strong><\/td>\n<td style=\"width: 50%;\">USD<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><strong>Underlying<\/strong><\/td>\n<td style=\"width: 50%; text-align: justify;\"><strong>Bitcoin<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><strong>Management Fee<\/strong><\/td>\n<td style=\"width: 50%;\">0.39%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Invesco ETF launches today Invesco Physical Bitcoin ETP on the London Stock Exchange<\/p>\n","protected":false},"author":4,"featured_media":60106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[119],"class_list":["post-60149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-lse","tag-invesco"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/60149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=60149"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/60149\/revisions"}],"predecessor-version":[{"id":60151,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/60149\/revisions\/60151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/60106"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=60149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=60149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=60149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}