Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) Sees Large Volume Increase – Here’s Why

Posted by Doug Wharley on Feb 12th, 2025

Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 523,155 shares changed hands during mid-day trading, an increase of 131% from the previous session’s volume of 226,466 shares.The stock last traded at $96.93 and had previously closed at $95.67.

Invesco Galaxy Bitcoin ETF Price Performance

The business’s 50-day moving average price is $98.96 and its 200 day moving average price is $79.28.

Institutional Trading of Invesco Galaxy Bitcoin ETF

Hedge funds have recently made changes to their positions in the business. Fortis Group Advisors LLC acquired a new position in shares of Invesco Galaxy Bitcoin ETF during the 3rd quarter worth approximately $549,000. Gilbert & Cook Inc. increased its holdings in shares of Invesco Galaxy Bitcoin ETF by 124.4% in the third quarter. Gilbert & Cook Inc. now owns 8,946 shares of the company’s stock valued at $568,000 after purchasing an additional 4,960 shares during the last quarter. Arete Wealth Advisors LLC raised its position in shares of Invesco Galaxy Bitcoin ETF by 115.1% in the third quarter. Arete Wealth Advisors LLC now owns 24,181 shares of the company’s stock valued at $1,533,000 after purchasing an additional 12,937 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of Invesco Galaxy Bitcoin ETF during the 3rd quarter worth about $1,054,000. Finally, Tidal Investments LLC boosted its holdings in shares of Invesco Galaxy Bitcoin ETF by 44.1% during the 3rd quarter. Tidal Investments LLC now owns 107,950 shares of the company’s stock worth $6,859,000 after buying an additional 33,038 shares during the period.

Invesco Galaxy Bitcoin ETF Company Profile

(Get Free Report)

The Invesco Galaxy Bitcoin ETF (BTCO) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. BTCO was launched on Jan 11, 2024 and is issued by Invesco.