Quarterly ResultMay 8, 2026, 04:14 PM
Grayscale Sui Staking ETF Q1 Net Assets $30.4M; NAV $12.67
AI Summary
Grayscale Sui Staking ETF reported a significant increase in net assets to $30.4 million for Q1 2026, up from $4.3 million at the end of 2025. This growth was primarily driven by $29.7 million in capital share transactions (new shares issued). The Trust also commenced staking operations and uplisted its shares to NYSE Arca on February 18, 2026, coinciding with a reduction in the Sponsor's Fee from 2.5% to 0.35%. Despite these positive developments, the Principal Market NAV per Share decreased to $12.67 from $20.20, and the Trust recorded a net decrease in net assets from operations of $3.62 million due to unrealized losses on SUI.
Key Highlights
- Net assets increased to $30.4 million as of March 31, 2026, from $4.3 million at December 31, 2025.
- Principal Market NAV per Share decreased to $12.67 as of March 31, 2026, from $20.20 at December 31, 2025.
- Shares issued and outstanding grew to 2,398,900 from 212,900 over the same period.
- Net increase in net assets from capital share transactions was $29.7 million for Q1 2026.
- Sponsor's Fee reduced from 2.5% to 0.35% effective February 18, 2026.
- Trust uplisted shares to NYSE Arca under "GSUI" and commenced staking on February 18, 2026.
- Net decrease in net assets from operations was $3.62 million for Q1 2026.
- Staking Reward income was $44 thousand for Q1 2026.