Jordan Krugman to leave Invesco Galaxy Bitcoin ETF sponsor (BTCO) roles
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.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
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.
Key Figures
Resignation effective date: August 3, 2026
Trading symbol: BTCO
Listing exchange: Cboe BZX Exchange, Inc.
3 metrics
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
Key Terms
Common Shares of Beneficial Interest, Board of Managers, Sponsor, Securities Exchange Act of 1934
4 terms
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.