A secure springboard into Bitcoin ETPs
Zodia Custody facilitates secure Bitcoin custody for Invesco's European ETP BTIC
Our impact
Seamless entry into the European Bitcoin ETP market
Enhanced security for Bitcoin holdings through FCA-registered custody
Streamlined operations
The challenge
Invesco, a leading investment firm, entered the digital asset space with the goal to offer institutional clients a secure path to Bitcoin. Launching their first Bitcoin Exchange-Traded Product (ETP) in Europe required a custodian that could deliver not only robust security but also navigate the intricacies of digital asset custody within a regulated environment. Partnering with the right custodian was paramount for establishing trust and attracting institutional investors.
The solution
Invesco's pioneering ETP launch presented a unique challenge: ensuring the highest caliber of security for Bitcoin holdings while fostering a seamless entry into the European ETP market.
Security first
We collaborated closely with the Invesco team to develop a bespoke security framework specifically tailored for their Bitcoin ETP (BTIC). This framework leverages Zodia Custody’s industry-leading, air-gapped cold storage solutions to ensure the highest level of security for Bitcoin holdings. This unwavering focus on security directly addresses the need for investor confidence, a critical factor for attracting institutional investors in the European market.
Unlocking seamless access
Recognising the core strength of ETPs as access vehicles, Zodia Custody worked with Invesco to streamline the onboarding process and regulatory compliance for BTIC. By prioritising security and streamlining access, Zodia Custody empowered Invesco to launch a groundbreaking Bitcoin ETP in Europe. The collaboration paves the way for wider institutional adoption of digital assets and further innovation in the space.