For the low cost of 0.39% p.a., institutional investors can now gain access to Bitcoin through our passive Invesco Physical Bitcoin exchange traded product (ETP). Our new ETP is 100% backed by physically held Bitcoin with the aim of delivering the price performance of Bitcoin (less annual fees).
Cryptoasset custody with Zodia
Zodia Custody is a UK-based, FCA-registered cryptoasset custodian for institutional investors. Founded in January 2020, Zodia is majority owned by Standard Chartered Bank and minority owned by Northern Trust. The Bitcoin is held in highly secure and institutional grade, in favour of the Trustee on behalf of investors. Zodia Custody is responsible for the security of assets through cutting-edge technological innovation, cybersecurity, platform, and storage.
Index sponsored by CoinShares
CoinShares, Europe’s largest and longest standing digital asset investment firm, is the index sponsor and serves as the execution agent for the Physical Bitcoin ETP. The value of the Bitcoin held by the ETP is determined by the CoinShares Bitcoin Reference Rate – 4pm Fixing1, which reflects real-time trade prices, recorded on a minute-by-minute basis, on the most liquid and reputable digital exchanges. The benchmark is calculated by Compass Financial Technologies, a BMR-registered benchmark provider.