Quarterly ResultMay 13, 2026, 06:07 AM
Franklin Crypto Trust Q1 Net Assets from Operations Down $2.46M
AI Summary
Franklin Crypto Trust reported a net decrease in net assets resulting from operations of $2.46 million for the three months ended March 31, 2026. The net asset value per share declined to $17.30 from $22.70 at December 31, 2025, primarily due to $2.44 million in unrealized depreciation on digital assets. Total net assets, however, increased to $10.38 million from $10.22 million, driven by the creation of new shares. The Trust maintains its status as an "emerging growth company" under the JOBS Act.
Key Highlights
- Net assets from operations decreased by $2,464,223 for the three months ended March 31, 2026.
- Net asset value per Share was $17.30 at March 31, 2026, down from $22.70 at December 31, 2025.
- Total net assets increased to $10,380,648 at March 31, 2026, from $10,215,391 at December 31, 2025.
- Shares outstanding increased to 600,000 at March 31, 2026, from 450,000 at December 31, 2025.
- Investments in Digital Assets at fair value were $10,382,311 at March 31, 2026.
- Bitcoin comprised 76.47% of Digital Assets at March 31, 2026.
- Net change in unrealized depreciation on Digital Assets was $(2,436,041) for Q1 2026.
- Sponsor's fee accrued was $4,548 for the three months ended March 31, 2026.