$BAVA
Bitwise Avalanche ETF
CIK:0002086017|SEC Filings
Statement of Operations |
3 Months Ended | |||
|---|---|---|---|---|
|
Jun. 30, 2026
USD ($)
|
[1] | |||
| Investment income | ||||
| Staking Rewards | $ 147,423 | |||
| Expenses | ||||
| Sponsor Fee | 14,246 | |||
| Staking Fee | 17,691 | |||
| Total expenses | 31,937 | |||
| Less: waivers and reimbursements | (13,039) | |||
| Net expenses | 18,898 | |||
| Net investment income | 128,525 | |||
| Net realized and unrealized gain (loss) | ||||
| Net realized gain (loss) from investment in Avalanche sold to pay Sponsor Fee | (83) | |||
| Net realized gain (loss) on Avalanche transferred for staking activities | 179 | |||
| Net realized gain (loss) from investment in Avalanche sold for redemptions | (1,026) | |||
| Net change in unrealized appreciation (depreciation) from investment in Avalanche | (7,296,613) | |||
| Net realized and unrealized gain (loss) | (7,297,543) | |||
| Net increase (decrease) in net assets resulting from operations | $ (7,169,018) | |||
| ||||
Statements of Assets and Liabilities - USD ($) |
Jun. 30, 2026 |
Dec. 31, 2025 |
[3] | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets [Abstract] | ||||||||||||
| Investment in Avalanche, at fair value (cost $23,975,004 and $- as of June 30, 2026 and December 31, 2025, respectively) | $ 16,678,391 | [1],[2] | $ 0 | |||||||||
| Cash | 0 | 200 | ||||||||||
| Receivable for Staking Rewards | 1,635 | 0 | ||||||||||
| Total assets | 16,680,026 | 200 | ||||||||||
| Liabilities [Abstract] | ||||||||||||
| Payable for Avalanche purchased | 1,635 | 0 | ||||||||||
| Accrued Staking Fee | 196 | 0 | ||||||||||
| Sponsor Fee payable | 4,575 | 0 | ||||||||||
| Total liabilities | 6,406 | 0 | ||||||||||
| Net Assets | $ 16,673,620 | [2] | $ 200 | |||||||||
| Shares issued | 940,000 | 8 | [4] | |||||||||
| Shares outstanding | 940,000 | 8 | [4] | |||||||||
| Principal Market NAV per Share | $ 17.74 | $ 25 | [4] | |||||||||
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