Quarterly ResultMay 5, 2026, 04:10 PM
Grayscale Ethereum Classic Trust Q1 Net Assets $89.4M; NAV $6.39
AI Summary
Grayscale Ethereum Classic Trust reported a net asset value of $89.4 million as of March 31, 2026, a decrease from $126.0 million at the end of 2025. The Principal Market NAV per Share declined to $6.39 from $9.00, resulting in a total return of -29.00% for the quarter. The Trust continues to not operate a redemption program and has no current intention of seeking regulatory approval for one.
Key Highlights
- Net assets decreased to $89.4 million as of March 31, 2026, from $126.0 million on December 31, 2025.
- Principal Market NAV per Share was $6.39 at March 31, 2026, down from $9.00 at December 31, 2025.
- Total return for the three months ended March 31, 2026, was -29.00%.
- Net decrease in net assets from operations was $(36.6) million for Q1 2026.
- Sponsor's Fee for Q1 2026 was $0.66 million, down from $1.51 million in Q1 2025.
- The Trust is not currently operating a redemption program for shares.
- DCG did not purchase any Trust shares from January 1, 2022, through March 31, 2026.
- The Trust's investment portfolio is concentrated solely in Ethereum Classic (ETC).