Recent Updates — BTCO

Effective October 19, 2026, Kelli Gallegos began a leave of absence from her role as Principal Financial and Accounting Officer at Invesco Capital Management LLC. The Board appointed Lori Anello to serve in this capacity starting October 22, 2026. Anello is a CPA with extensive experience in fund treasury and operational readiness across the Invesco ETF complex. This filing discloses an internal administrative change within the sponsor's management team rather than a departure from the Trust itself. The company operates as a Bitcoin exchange-traded fund.

On July 31, 2026, the Board of Managers of Invesco Capital Management LLC appointed Matthew Casaccia to serve on its Board of Managers and Audit Committee, effective August 3, 2026. Casaccia succeeds Jordan Krugman, who resigned from the position. Casaccia is a Senior Director at Invesco Ltd with extensive experience in financial planning and analysis. This administrative change does not materially impact the company's operations or value. The company operates as an exchange-traded fund focused on Bitcoin.

Invesco Galaxy Bitcoin ETF (BTCO) largest member of the Board of Managers of the Sponsor, Mr. Jordan Krugman, has announced his resignation-effective August 3, 2026. The Sponsor is currently considering a replacement.