{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-018212","form_type":"8-K","ticker":"BTCO","cik":"0001855781","company_name":"Invesco Galaxy Bitcoin ETF","filed_at":"2024-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.053419+00:00","generated_at":"2026-06-06T16:05:56.719447+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Invesco Galaxy Bitcoin ETF permanently reduces sponsor fee from 0.39% to 0.25%","bullets":["Annualized sponsor fee cut by 14 bps to 0.25%, effective January 29, 2024.","Sponsor continues full fee waiver on first $5B of assets for six months starting Jan 11, 2024.","ETF still offers zero expense ratio on assets up to $5B during waiver period.","BTCO invests directly in physical Bitcoin, measured by Lukka Prime Bitcoin Reference Rate."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-018212","json":"https://secwatch.observer/filing/0001193125-24-018212.json","markdown":"https://secwatch.observer/filing/0001193125-24-018212.md","text":"https://secwatch.observer/filing/0001193125-24-018212.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855781/000119312524018212/0001193125-24-018212-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855781/000119312524018212/d721311d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:05:56.719447+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}