Invesco Joins Hands with Galaxy Digital, Alerian to List Two Crypto ETFs on CBOE

Invesco Joins Hands with Galaxy Digital, Alerian to List Two Crypto ETFs on CBOE

(CoinDesk) Invesco is teaming up with digital asset firm Galaxy Digital and Alerian, an index provider, to debut two exchange-traded funds on Cboe Global Markets.

The two ETFs, Invesco Alerian Galaxy Crypto Economy ETF, will trade under ticker “SATO,” while Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF will trade as “BLKC.”

The ETFs will track Alerian Galaxy Global Indexes. SATO fund will focus on blockchain and crypto mining firms’ exposures as BLKC tracks firms involved in research on blockchain technology.

The two ETFs include exposure to an instrument that directly holds physical crypto assets.

Invesco’s ETFs aim to unlock an opportunity for investors seeking to get involved in the booming digital assets. 

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