Invesco Physical Bitcoin ETN
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General Objective
The Invesco Physical Bitcoin ETC is a physically backed Exchange Traded Product (ETP) that aims to provide exposure to the performance of Bitcoin through a securitized structure.
Fund Exposure
The fund is exposed to 100% Bitcoin, with holdings valued at the CoinShares Bitcoin Hourly Reference Rate - 4pm Fixing. It offers transparent fees and costs, efficient tracking of the spot price, and a securitized structure for Bitcoin exposure.
Risks
Investing in the Invesco Physical Bitcoin ETC carries high risk due to the volatile nature of cryptocurrencies. The value of the product depends on the performance of Bitcoin, which does not have any intrinsic value and may become worthless. Additionally, there are risks of hacking, liquidity risk, and regulation risk in the cryptocurrency market. Investors should consult their professional advisers before investing.