Invesco Physical Bitcoin ETN
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The Invesco Physical Bitcoin ETC is an exchange-traded product that directly holds Bitcoin, securely stored offline in cold storage by Zodia Custody, a subsidiary of Standard Chartered Bank. Its portfolio consists exclusively of these actual Bitcoin holdings, which are valued based on the CoinShares Bitcoin Hourly Reference Rate. By owning real Bitcoins, the ETC aims to accurately reflect the performance of Bitcoin, providing investors with straightforward exposure to the cryptocurrency through a tradable financial instrument.