Quarterly ResultMay 5, 2026, 04:10 PM
Grayscale Crypto 5 ETF Net Assets Halve to $379M; NAV $31.13
AI Summary
Grayscale CoinDesk Crypto 5 ETF reported a significant decline in its financial performance for the nine months ended March 31, 2026. Net assets nearly halved to $379.1 million, with the Principal Market NAV per Share falling to $31.13. The decrease was driven by a substantial net change in unrealized depreciation on digital assets and net redemptions of shares.
Key Highlights
- Net assets decreased from $777.2 million at June 30, 2025, to $379.1 million at March 31, 2026.
- Principal Market NAV per Share fell from $48.98 to $31.13 over the same period.
- Net decrease in net assets from operations was $199.2 million for the nine months ended March 31, 2026.
- Net decrease from capital share transactions totaled $199.0 million for the nine months.
- Total investments in digital assets at fair value decreased from $777.2 million to $379.1 million.
- Bitcoin holdings decreased from $620.4 million to $282.2 million.
- BNB was added to the portfolio, while ADA was removed due to rebalancing.
- Shares outstanding decreased from 15.87 million to 12.18 million.