$BRRR
CoinShares Bitcoin ETF
CIK:0001841175|SEC Filings
Unaudited Statements of Operations - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Expenses | ||||
| Sponsor fee (Note 4) | $ 274,347 | $ 363,796 | $ 563,328 | $ 824,349 |
| Total expenses | 274,347 | 363,796 | 563,328 | 824,349 |
| Net investment income (loss) | (274,347) | (363,796) | (563,328) | (824,349) |
| Net realized gain (loss) from: | ||||
| Bitcoin transferred to pay Sponsor fee | 7,741 | 105,238 | 26,127 | 318,896 |
| Bitcoin sold for the redemption of Shares | 2,606,597 | 11,033,890 | 2,904,723 | 116,498,108 |
| Net realized gain (loss) | 2,614,338 | 11,139,128 | 2,930,850 | 116,817,004 |
| Net change in unrealized gain (loss) on investment | (57,019,947) | 130,366,125 | (177,737,232) | (51,464,017) |
| Net realized and change in unrealized gain (loss) | (54,405,609) | 141,505,253 | (174,806,382) | 65,352,987 |
| Net income (loss) | $ (54,679,956) | $ 141,141,457 | $ (175,369,710) | $ 64,528,638 |
| Net income (loss) per share | $ (2.51) | $ 6.73 | $ (8.08) | $ 2.64 |
| Weighted average number of shares outstanding | 21,793,846 | 20,971,758 | 21,702,044 | 24,475,691 |
Statements of Financial Condition - USD ($) |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Assets | ||
| Investments in bitcoin, at fair value (cost $442,207,125 and $427,528,143 at June 30, 2026 and December 31, 2025, respectively) | $ 342,431,656 | $ 505,489,906 |
| Total assets | 342,431,656 | 505,489,906 |
| Liabilities | ||
| Sponsor fees payable | 77,541 | 108,999 |
| Total liabilities | 77,541 | 108,999 |
| Net assets | $ 342,354,115 | $ 505,380,907 |
| Shares issued and outstanding, no par value, Unlimited shares authorized | 20,795,000 | 20,425,000 |
| Net asset value per Share | $ 16.46 | $ 24.74 |