Invesco Galaxy Bitcoin ETF (BTCO) Operating Expenses (2024 - 2026)

Invesco Galaxy Bitcoin ETF's (BTCO) quarterly Operating Expenses came in at $307928.0 in Q1 2026, down 24.34% year-on-year from $406973.0 in Q1 2025, and down 20.94% quarter-over-quarter from $389462.0 in Q4 2025.

Invesco Galaxy Bitcoin ETF (BTCO) Operating Expenses (2024 - 2026) Analysis & Trends

Invesco Galaxy Bitcoin ETF's Operating Expenses history runs 3 years deep, the most recent figure standing at $307928.0 for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 24.34% year-over-year to $307928.0 in Q1 2026; TTM through Mar 2026 was $1.4 million, a 0.85% decrease from a year earlier, with the FY2025 full-year figure at $1.5 million, up 110.26% from the prior year.
  • Operating Expenses eased to $307928.0 in Q1 2026 per BTCO's latest filing, from $389462.0 in the prior quarter.
  • Across five years, Operating Expenses topped out at $451005.0 in Q4 2024 and bottomed at $271217.0 in Q2 2024.
  • The 3-year median for Operating Expenses is $354445.5 (2025), against an average of $354862.4.
  • Across the five-year window, Operating Expenses surged 33.82% in 2025 and retreated 24.34% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $451005.0 in 2024, then fell by 13.65% to $389462.0 in 2025, then decreased by 20.94% to $307928.0 in 2026.
  • Per Business Quant, the three latest BTCO Operating Expenses figures stand at $307928.0 (Q1 2026), $389462.0 (Q4 2025), and $396553.0 (Q3 2025).

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 307,928.00
Dec 31, 2025 389,462.00
Sep 30, 2025 396,553.00
Jun 30, 2025 319,429.00
Mar 31, 2025 406,973.00
Dec 31, 2024 451,005.00
Sep 30, 2024 296,332.00
Jun 30, 2024 271,217.00