AMENDMENT NO. 1 TO DECLARATION OF TRUST AND TRUST AGREEMENT OF GALAXY BITCOIN ETF
Exhibit 3.2
AMENDMENT NO. 1 TO DECLARATION OF TRUST AND TRUST AGREEMENT
OF
GALAXY BITCOIN ETF
The parties to the TRUST AGREEMENT, dated March 31, 2021 (the “Trust Agreement”), among GALAXY DIGITAL FUNDS LLC, GALAXY DIGITAL LP (solely with respect to Section 3 of the Trust Agreement), and DELAWARE TRUST COMPANY (the “Trustee”), as well as INVESCO CAPITAL MANAGEMENT LLC hereby agree, pursuant to Section 8 of the Trust Agreement, (1) to change the name of Galaxy Bitcoin ETF to “Invesco Galaxy Bitcoin ETF”; (2) to change the sponsor from Galaxy Digital Funds LLC to Invesco Capital Management LLC; and (3) that the obligations of Galaxy Digital LLP outlined in Section 3 of the Trust Agreement will be assumed by Invesco Capital Management LLC.
Effective as of the date below, the parties to the Trust Agreement shall hereafter be Invesco Capital Management LLC and Delaware Trust Company.
IN WITNESS WHEREOF, the undersigned have executed this instrument this 20th day of September, 2021.
| DELAWARE TRUST COMPANY, as Trustee | ||
| By: | /s/ Xxxxxxxx Xxxxxxx | |
| Name: Xxxxxxxx Xxxxxxx | ||
| Title: Assistant Vice President | ||
| GALAXY DIGITAL FUNDS LLC, as Sponsor | ||
| By: | /s/ Xxxxxx Xxxxxx | |
| Name: Xxxxxx Xxxxxx | ||
| Title: Authorized Signatory | ||
| GALAXY DIGITAL LP, solely with respect to Section 3 | ||
| By: | Galaxy Digital GP LLC, its general partner | |
| By: | /s/ Xxxxxx Xxxxxx | |
| Name: Xxxxxx Xxxxxx | ||
| Title: Authorized Signatory | ||
| INVESCO CAPITAL MANAGEMENT LLC | ||
| By: | /s/ Xxxx Xxxxxx | |
| Name: Xxxx Xxxxxx | ||
| Title: Chief Executive Officer | ||
