Invesco Next Gen Media and Gaming ETF Price & Performance (GGME)

Invesco’s Bitcoin ETF recorded no net inflow on April 29, signaling a pause in institutional demand as Bitcoin’s price dropped 2.3% to around $62,500. Trading volumes on major exchanges and active addresses also declined, while net exchange inflows hinted at possible selling pressure, reflecting widespread market caution.1

The Invesco S&P 500® Top 50 ETF (XLG) rose 10.67% in the past year, outpacing the S&P 500’s 8.02% gain. Despite short-term volatility and a recent three-month dip, the ETF’s long-term performance remains strong, driven by heavyweights like Apple, Microsoft, and NVIDIA. Volatility remains elevated.2

Invesco reported first-quarter adjusted EPS of $0.44, beating analyst forecasts. The firm announced a $1 billion preferred stock repurchase from MassMutual, funded by new term loans, aiming for earnings accretion later this year. Positive organic growth in China and resilient fund flows helped offset mixed results elsewhere.3