Information, not investment advice. Facts are copied from cited issuer and regulator documents with retrieval dates; anything we could not verify is marked unknown. Nothing here is a recommendation, ranking, or eligibility determination about you.
Tokenized Treasury / money market fund. Issuer: Series of a Delaware statutory trust; investment manager Invesco Advisers, Inc.; transfer agent Superstate Services LLC. Official page. 20 fields verified, 2 unknown, 1 disputed.
As of 2026-10-25, who can invest for USTB: Qualified purchaser (sources disagree), per Superstate.
As of 2026-10-25, minimum initial investment for USTB: USD 100,000, per Superstate.
As of 2026-10-25, redemption timing for USTB: Same-day; immediate for USDC subject to available liquidity; 1pm ET cutoff for USD, per Superstate.
As of 2026-10-25, management fee / expense ratio for USTB: 0.15% (0.10% monthly rebate on holdings above $25M avg); no performance fee, per Superstate.
As of 2026-10-25, latest reserve / holdings report for USTB: https://superstate.co/ustb, per Superstate.
| Field | Value | Status | Source | Note |
|---|---|---|---|---|
| Issuer | Series of a Delaware statutory trust; investment manager Invesco Advisers, Inc.; transfer agent Superstate Services LLC | verified | Superstate, retrieved 2026-10-25 | |
| Product type | Tokenized private fund (continuous NAV, accumulating) | verified | Superstate, retrieved 2026-10-25 | |
| Legal framework | Private fund, not registered under the Investment Company Act | verified | Superstate, retrieved 2026-10-25 | |
| Underlying holdings | Short-duration US Treasury bills | verified | Superstate, retrieved 2026-10-25 | |
| Blockchains | Ethereum, Solana, Plume, Book-entry | verified | Superstate, retrieved 2026-10-25 | |
| Open to US persons (per issuer) | Yes | verified | Superstate, retrieved 2026-10-25 | Information intended for Accredited Investors and Qualified Purchasers that are US residents |
| Who can invest | Qualified purchaser | conflict | Superstate, retrieved 2026-10-25 | Rechecked 2026-10-25: docs.superstate.com/investors/getting-started still says Superstate funds are only for Qualified Purchasers ($5M investable individuals / $25M institutions); superstate.co/ustb key facts still say 'Accredited Investors and Qualified Purchasers'. Invesco's own USTB page could not be fetched. Unresolved; confirm in the fund's offering documents. |
| KYC required | Yes | verified | Superstate, retrieved 2026-10-25 | Superstate account + wallet allowlist |
| Supported countries | United States, Australia, Bermuda, Bahamas, British Virgin Islands, Canada, Cayman Islands, Cyprus, France, Georgia, Germany, Gibraltar, Hong Kong, Italy, Ireland, Jersey, Luxembourg, Marshall Islands, Mexico, Panama, Poland, Seychelles, Singapore, Spain, Saint Kitts and Nevis, South Korea, Switzerland, United Arab Emirates, United Kingdom | verified | Superstate, retrieved 2026-10-25 | |
| Minimum initial investment | USD 100,000 | verified | Superstate, retrieved 2026-10-25 | USD 100,000 unless waived by Superstate |
| Subscription timing | Same day. USDC orders delivered immediately (including non-business days); USD wires received before 5pm ET are processed same day, later wires the next market day | verified | Superstate, retrieved 2026-10-25 | Superstate's general Subscribe page shows a 1pm ET wire example; the USTB fund page and superstate.com/assets/ustb both say 5pm ET |
| Subscription currency | USD, USDC | verified | Superstate, retrieved 2026-10-25 | |
| Subscription / mint fee | Unknown | unknown | Not found in public issuer documents reviewed | |
| Redemption timing | Same-day; immediate for USDC subject to available liquidity; 1pm ET cutoff for USD | verified | Superstate, retrieved 2026-10-25 | |
| Redemption currency | USD, USDC (via Circle) | verified | Superstate, retrieved 2026-10-25 | |
| Redemption settlement | Immediate (USDC, subject to liquidity) / same-day (USD before 1pm ET) | verified | Superstate, retrieved 2026-10-25 | |
| Redemption fee | Unknown | unknown | Not found in public issuer documents reviewed | |
| Redemption limits or gates | Protocol Redeem limited, 'when available', dynamic daily limits, Ethereum only; transfers only between allowlisted addresses | verified | Superstate, retrieved 2026-10-25 | |
| Management fee / expense ratio | 0.15% (0.10% monthly rebate on holdings above $25M avg); no performance fee | verified | Superstate, retrieved 2026-10-25 | |
| Assets (issuer-reported) | USD 738,157,263 as of 2026-10-22 | verified | Superstate, retrieved 2026-10-25 | |
| Reserve / holdings report type | Holdings table on product page (unaudited); auditor PwC; custodian BNY Mellon | verified | Superstate, retrieved 2026-10-25 | |
| Latest reserve / holdings report | https://superstate.co/ustb | verified | Superstate, retrieved 2026-10-25 | |
| Report as-of date | 2026-09-21 | verified | Superstate, retrieved 2026-10-25 | Holdings table 'As of 09/21/2026' (unaudited); AUM figures on the same page are as of 2026-10-22 |