
Invesco Alerian Galaxy Crypto Economy ETF (SATO)
SATO Price Chart
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SATO ETF Profile
Key details and information about Invesco Alerian Galaxy Crypto Economy ETF (SATO).
Sector Focus
Financial Services
Industry
Asset Management - Cryptocurrency
Inception Date
7 Oct 2021
Country
US
Description
The Invesco Galaxy Crypto Economy ETF aims to mirror the performance of the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index. Its investment strategy typically involves committing a minimum of 80% of its total net assets to the constituents of this benchmark. The index's composition is diverse, encompassing equities of companies significantly engaged in various aspects of the digital asset economy—whether through direct cryptocurrency activities, mining operations, acquisition, or the provision of enabling technologies. Additionally, it features exchange-traded products and privately held trusts, traded over-the-counter, that derive their value from cryptocurrencies. For non-resident investors, the index's return calculation reflects net figures, after applicable tax deductions. Both the ETF and its guiding index are subject to monthly rebalancing.
SATO ETF Performance
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