Quarterly ResultMay 13, 2026, 05:07 PM
21Shares Dogecoin ETF Net Assets $1.86M; Operations Loss $(636K)
AI Summary
The 21Shares Dogecoin ETF reported net assets of $1,855,458 as of March 31, 2026. For the six months ended March 31, 2026, the Trust experienced a net decrease in net assets from operations of $(636,693), primarily due to a net change in unrealized depreciation on its Dogecoin investment of $(634,598). This period marks the Trust's first fiscal year of investment operations, which commenced on January 21, 2026. The Trust operates as an "emerging growth company," allowing it to comply with certain reduced public company reporting requirements.
Key Highlights
- Net assets totaled $1,855,458 as of March 31, 2026.
- Investment in Dogecoin at fair value was $1,855,639 (cost $2,490,237).
- Net decrease in net assets from operations was $(636,693) for the six months ended March 31, 2026.
- Net change in unrealized depreciation on investment in Dogecoin was $(634,598).
- 100,000 shares were issued and outstanding, with a net asset value per share of $18.55.
- Sponsor Fee incurred for the six-month period ended March 31, 2026, was $1,735.
- The Trust is an "emerging growth company" with reduced public company reporting requirements.