Quarterly ResultMay 7, 2026, 06:10 AM
Invesco Galaxy Bitcoin ETF Q1 Net Loss $(126.9M); NAV $67.83
AI Summary
Invesco Galaxy Bitcoin ETF reported a net loss of $(126.9) million for the three months ended March 31, 2026, a significant increase from the $(73.4) million loss in the prior year period. The Trust's net assets decreased to $457.2 million, with its net asset value per share falling to $67.83 from $87.22 at the end of 2025. This performance reflects a substantial negative total return at NAV of (22.23)% for the quarter.
Key Highlights
- Net assets decreased to $457.2 million as of March 31, 2026, from $544.2 million at December 31, 2025.
- Net asset value per share was $67.83, down from $87.22 at the end of the previous quarter.
- Reported a net loss of $(126.9) million for Q1 2026, compared to a net loss of $(73.4) million in Q1 2025.
- Total return at net asset value was (22.23)% for Q1 2026, worsening from (11.77)% in Q1 2025.
- Investments in Bitcoin (fair value) stood at $457.3 million, down from $544.4 million.
- Net change in unrealized loss on Bitcoin investments was $(118.9) million for the quarter.
- Shares outstanding increased to 6,740,000 from 6,240,000 at December 31, 2025.