STOCK TITAN

Jordan Krugman to leave Invesco Galaxy Bitcoin ETF sponsor (BTCO) roles

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Invesco Galaxy Bitcoin ETF reported that Mr. Jordan Krugman has notified the fund that he will resign from all positions at Invesco Capital Management LLC, the ETF’s sponsor, and its affiliates.

His resignation, including from the Sponsor’s Board of Managers, will be effective as of the close of business on August 3, 2026. The Sponsor is currently considering a replacement for Mr. Krugman.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Resignation effective date August 3, 2026 Effective as of the close of business
Trading symbol BTCO Common Shares of Beneficial Interest
Listing exchange Cboe BZX Exchange, Inc. Exchange where BTCO is listed
Common Shares of Beneficial Interest financial
"Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered Common Shares of Beneficial Interest"
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.
Board of Managers financial
"including his position as a member of the Board of Managers of the Sponsor"
Sponsor financial
"Invesco Capital Management LLC (the “Sponsor”) and its affiliates"
Securities Exchange Act of 1934 regulatory
"Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934"

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FAQ

What leadership change did Invesco Galaxy Bitcoin ETF (BTCO) disclose?

Invesco Galaxy Bitcoin ETF disclosed that Mr. Jordan Krugman will resign from all positions at Invesco Capital Management LLC and its affiliates, including the Board of Managers of the Sponsor, with his resignation effective at the close of business on August 3, 2026.

When will Jordan Krugman’s resignation from BTCO’s sponsor become effective?

Jordan Krugman’s resignation becomes effective as of the close of business on August 3, 2026. Until that date, he continues in his roles at Invesco Capital Management LLC and its affiliates, including as a member of the Sponsor’s Board of Managers.

Is a replacement for Jordan Krugman at Invesco Galaxy Bitcoin ETF identified?

A replacement has not been named; the Sponsor is currently considering Jordan Krugman’s replacement. The filing states only that Invesco Capital Management LLC is evaluating options following his decision to resign effective as of the close of business on August 3, 2026.

What exchange lists Invesco Galaxy Bitcoin ETF (BTCO) common shares?

Invesco Galaxy Bitcoin ETF common shares of beneficial interest trade on Cboe BZX Exchange, Inc. under the symbol BTCO. This listing detail comes from the same disclosure that reported Jordan Krugman’s upcoming resignation from positions at the ETF’s sponsor.
false 0001855781 0001855781 2026-06-04 2026-06-04
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 4, 2026

 

 

INVESCO GALAXY BITCOIN ETF

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-41915   88-6155978
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

c/o Invesco Capital Management LLC

3500 Lacey Road, Suite 700

Downers Grove, Illinois

  60515
(Address of principal executive offices)   (Zip Code)

(800) 983-0903

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Shares of Beneficial Interest   BTCO   Cboe BZX Exchange, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to section 13(a) of the Exchange Act.

 

 
 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)

On June 4, 2026, Mr. Jordan Krugman gave notice to the Invesco Galaxy Bitcoin ETF that he is resigning from all positions at Invesco Capital Management LLC (the “Sponsor”) and its affiliates, including his position as a member of the Board of Managers of the Sponsor, effective as of the close of business on August 3, 2026. The Sponsor is currently considering Mr. Krugman’s replacement.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Invesco Galaxy Bitcoin ETF

 

By:  

Invesco Capital Management LLC,

its Sponsor

  By:  

/s/ Adam Henkel

    Name:  Adam Henkel
    Date:   June 5, 2026
    Title:   Secretary

Filing Exhibits & Attachments

3 documents