Quarterly ResultMay 7, 2026, 06:10 AM
Invesco Galaxy Ethereum ETF Net Assets Down 26.9% to $18.9M
AI Summary
Invesco Galaxy Ethereum ETF reported a significant decline in its net assets and net asset value per share for the three months ended March 31, 2026. Net assets fell by 26.9% to $18.90 million, while NAV per share dropped to $20.93. The Trust recorded a net loss of $(7.49) million for the quarter, primarily driven by unrealized losses on Ether investments, despite an increase in shares outstanding.
Key Highlights
- Net assets decreased 26.9% to $18.90 million as of March 31, 2026, from $25.85 million.
- Net asset value per share declined 29.3% to $20.93 from $29.61 at period end.
- The Trust reported a net loss of $(7.49) million for Q1 2026, compared to $(11.43) million in Q1 2025.
- Total return at net asset value was (29.32)% for the three months ended March 31, 2026.
- Investments in Ether decreased to $18.90 million from $25.85 million.
- Shares outstanding increased to 903,000 as of March 31, 2026, from 873,000.
- The annual Sponsor Fee remained at 0.25% of daily total net assets.