Quarterly ResultMay 8, 2026, 04:13 PM
Grayscale Ethereum Staking ETF Net Assets $1.78B; NAV $17.05
AI Summary
Grayscale Ethereum Staking ETF reported net assets of $1.78 billion as of March 31, 2026, a decrease from $2.70 billion at December 31, 2025. The Principal Market NAV per Share also declined to $17.05 from $24.38 over the same period. For the three months ended March 31, 2026, the Trust generated $10.52 million in staking reward income but experienced a net decrease in net assets from operations of $775.63 million, primarily driven by unrealized depreciation on its Ether investment.
Key Highlights
- Net assets decreased to $1.78 billion as of March 31, 2026, from $2.70 billion.
- Principal Market NAV per Share fell to $17.05 from $24.38 at year-end 2025.
- Investment in Ether fair value was $1.78 billion, down from $2.71 billion.
- Staking Reward Income for Q1 2026 was $10.52 million.
- Net investment loss for Q1 2026 was $(4.63) million, improved from $(21.80) million YoY.
- Net decrease in net assets from operations was $(775.63) million for Q1 2026.
- Shares outstanding decreased by 6.18 million to 104.70 million in Q1 2026.
- Cash distributions to shareholders from staking rewards totaled $14.39 million.