Quarterly ResultMay 7, 2026, 03:47 PM
iShares Ethereum Trust Net Assets Fall 38.08% to $6.38B in Q1 2026
AI Summary
iShares Ethereum Trust reported a significant decrease in net assets for the three months ended March 31, 2026, falling 38.08% to $6.38 billion from $10.30 billion at December 31, 2025. This decline was primarily driven by a 29.27% drop in the price of ether and net redemptions of 56.84 million shares. The net asset value per share also decreased by 29.34% to $15.87, resulting in a net decrease in net assets from operations of $2.99 billion.
Key Highlights
- Net assets decreased 38.08% to $6.38 billion at March 31, 2026, from $10.30 billion.
- Net asset value per Share fell 29.34% to $15.87 from $22.46.
- Price of ether decreased 29.27% from $2,971.55 to $2,101.84.
- Net decrease in net assets from operations was $2.99 billion for the quarter.
- Shares outstanding decreased by 56.84 million due to net redemptions.
- Total return at net asset value was a negative 29.34% for the quarter.
- Sponsor's fee for the quarter ended March 31, 2026, was $4.97 million.