Invesco Galaxy Bitcoin ETF Appoints Sponsor Board Member

What Happened Invesco Galaxy Bitcoin ETF (BTCO) filed an 8-K (Item 5.02) reporting that on July 31, 2026 the Board of Managers of the Sponsor, Invesco Capital Management LLC, appointed Matthew Casaccia to the Sponsor's Board of Managers, effective at the close of business on August 3, 2026. Mr. Casaccia will also join the Sponsor's Audit Committee and will replace Jordan Krugman, who resigned effective the same date.

Key Details

• Appointment announced July 31, 2026; effective close of business August 3, 2026.
• Matthew Casaccia (age 43) is Senior Director, Financial Planning & Analysis for Investments (since Dec 2023) and Global Product (since Mar 2025) at Invesco Ltd.
• Casaccia has 17 years with Invesco Ltd; previously Senior Manager, Financial Planning & Analysis for Wealth Management Intermediaries (since May 2019).
• No arrangements or transactions between Mr. Casaccia and the ETF requiring disclosure under Item 404(a); his application as a principal of the Sponsor is being prepared.

Why It Matters This filing reports a board-level change at the Sponsor overseeing the Invesco Galaxy Bitcoin ETF. A new Sponsor board member with finance and product responsibilities at Invesco Ltd will participate in oversight and audit committee matters. For investors, this is a governance update (replacement of a Sponsor board member) rather than an operational or financial event; the filing contains no related-party transactions or other items that would directly affect the fund’s holdings or financial results.