Invesco Alerian Galaxy Crypto Economy ETF (SATO)
BATS BATS Primary Summary
SATO Chart
Invesco Alerian Galaxy Crypto Economy ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Christopher C. Powers Farther Finance Advisors, LLC | 1,000 | $18,966 | $18,450 | -$516 | -2.72% |
Invesco Alerian Galaxy Crypto Economy ETF (SATO) FAQ
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Has Invesco Alerian Galaxy Crypto Economy ETF ever had a stock split?
Invesco Alerian Galaxy Crypto Economy ETF Profile
| BATS Exchange | US Country |
Overview
The fund is an investment entity that primarily dedicates its assets to the securities which constitute its underlying index. This index is specifically structured around the digital asset sphere, focusing on two principal components. The first component consists of stocks from digital asset companies. These are entities substantially involved in activities linked to cryptocurrencies, such as mining, purchasing, or facilitating technologies that enable the use of cryptocurrencies. The second component is comprised of Exchange Traded Products (ETPs) and private investment trusts that deal over-the-counter and allocate a minimum of 75% of their investments in Bitcoin. This fund adopts a non-diversified investment strategy, meaning it concentrates its investments more heavily in specific assets or market sectors.
Products and Services
- Securities of Digital Asset Companies:
This includes investments in companies that are significantly engaged in various aspects of the cryptocurrency ecosystem, such as mining (the process of generating new cryptocurrencies), buying or trading of cryptocurrencies, and developing or providing technologies that enhance the use and application of cryptocurrencies. These companies are pivotal in the underlying index of the fund, representing one of the dual components that define the fund's investment focus.
- ETPs and Private Investment Trusts Investing in Bitcoin:
The fund also invests in Exchange Traded Products (ETPs) and over-the-counter private investment trusts that primarily focus on Bitcoin, allocating at least 75% of their assets towards it. These investment vehicles offer the fund exposure to Bitcoin without direct investment in the cryptocurrency, thus playing a critical role in diversifying the fund's investment portfolio within the digital asset sphere.
