Quarterly ResultMay 8, 2026, 04:09 PM
Grayscale Chainlink Trust NAV per Share Drops 28.4% to $7.78
AI Summary
Grayscale Chainlink Trust ETF reported a net decrease in net assets from operations of $24.388 million for the three months ended March 31, 2026. The Principal Market NAV per Share decreased by 28.4% to $7.78 from $10.87 at the end of 2025. The Trust issued 2.6 million new shares, and its Sponsor's Fee was significantly reduced from 2.5% to 0.35% effective December 2, 2025, with a waiver period until March 2, 2026. A new Board of Managers for the Sponsor was also established on May 4, 2026.
Key Highlights
- Principal Market NAV per Share decreased 28.4% to $7.78 as of March 31, 2026, from $10.87 on December 31, 2025.
- Net assets decreased to $73.062 million as of March 31, 2026, from $73.816 million on December 31, 2025.
- Net decrease in net assets from operations was $24.388 million for the three months ended March 31, 2026.
- Total return for the three months ended March 31, 2026, was -28.45%.
- Shares issued increased by 2.6 million, totaling $23.634 million in value, during Q1 2026.
- Sponsor's Fee was reduced from 2.5% to 0.35% effective December 2, 2025, with a waiver until March 2, 2026.
- A new Board of Managers for the Sponsor was created on May 4, 2026.