Quarterly ResultAug 12, 2026, 12:26 PM
Bitwise Avalanche ETF Reports $16.67M Net Assets; $7.29M Unrealized Loss
AI Summary
The Bitwise Avalanche ETF (BAVA) reported net assets of $16.67 million as of June 30, 2026, with a Principal Market NAV per Share of $17.74. For the period from its commencement of operations on April 14, 2026, through June 30, 2026, the Trust experienced a net decrease in net assets from operations of $7.17 million. This was primarily driven by a $7.30 million net change in unrealized depreciation from its Avalanche investment, despite generating $147,423 in staking rewards and $25.95 million in share creations.
Key Highlights
- Net Assets as of June 30, 2026: $16,673,620
- Principal Market NAV per Share: $17.74
- Net decrease in net assets from operations: $(7,169,018)
- Net change in unrealized depreciation from Avalanche: $(7,296,613)
- Staking Rewards earned: $147,423
- Creations for Shares issued: $25,947,422
- Redemptions for Shares redeemed: $(2,104,984)
- Avalanche holdings: 2,538,567.9222 units at $6.57 per unit
Price Impact