Quarterly ResultMay 7, 2026, 03:48 PM
iShares Bitcoin Trust Q1 NAV per Share Down 22.15% to $38.62
AI Summary
The iShares Bitcoin Trust ETF reported a significant decrease in its net assets and NAV per share for the first quarter ended March 31, 2026. The Trust's net assets declined by 20.80% to $53.38 billion, primarily driven by a 22.10% drop in the price of bitcoin. Despite the decline, the number of shares outstanding increased during the quarter.
Key Highlights
- Net Assets decreased 20.80% to $53.38 billion at March 31, 2026, from $67.40 billion.
- NAV per Share fell 22.15% to $38.62 at March 31, 2026, from $49.61 at December 31, 2025.
- Bitcoin price decreased 22.10% to $68,129.64 at March 31, 2026, from $87,463.03.
- Net decrease in net assets from operations was $15.13 billion for Q1 2026.
- Shares outstanding increased by 23.8 million to 1,382,480,000 at March 31, 2026.
- Sponsor's fee was $36.69 million for the quarter ended March 31, 2026.
- Net realized loss from operations was $174.83 million for Q1 2026.
- Net change in unrealized depreciation was $14.92 billion for Q1 2026.