Grayscale Ethereum Classic Trust (ETC) (ETCG) Form 10-Q — Aug 4, 2026
Grayscale Ethereum Classic Trust (ETCG) filed its Form 10-Q for the quarter ended June 30, 2026, reporting net assets of $75.3 million ($5.38 NAV per share), down 40% from $126.0 million ($9.00) at December 31, 2025, driven by ETC price depreciation from $11.47 to $6.94. For the six months ended June 30, 2026, the trust recorded a net decrease in net assets from operations of $50.7 million, including $49.5 million of net realized and unrealized losses and $1.2 million of sponsor's fees at a 2.5% annual rate. Second-quarter total return was -15.81% and first-half total return was -40.22%, while shares outstanding were unchanged at 13,993,800 with no creations during the period.
Key figures
- Net Income
- -$50.7 million (six months ended June 30, 2026); -$14.1 million (Q2 2026)
- Cash Position
- 0
- Shares Outstanding
- 13993800
- Etc price
- $6.94 at June 30, 2026 vs $11.47 at December 31, 2025
- Net assets
- $75.3 million at June 30, 2026 vs $126.0 million at December 31, 2025
- Etc holdings
- 10,850,162.72 ETC at June 30, 2026
- Etc per share
- 0.7754 at June 30, 2026 vs 0.7850 at December 31, 2025
- Expense ratio
- 2.5% of assets annually
- Nav per share
- $5.38 at June 30, 2026 vs $9.00 at December 31, 2025
- Sponsor fee h1 2026
- 1216280
- Sponsor fee q2 2026
- 556479
- Total return h1 2026
- -40.22%
- Total return q2 2026
- -15.81%
- Twelve month etc range
- $6.73 low (6/6/2026) to $24.87 high (8/22/2025)
- Dcg remaining purchase authorization
- $204.7 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.