Grayscale Bitcoin Mini Trust ETF (BTC) Form 10-Q — Aug 4, 2026
Grayscale Bitcoin Mini Trust ETF reported net assets of $3.19 billion at June 30, 2026, down 25% from $4.24 billion at December 31, 2025, including a net $496.6 million decrease from operations in the second quarter. The decline was driven by Bitcoin price depreciation from $87,549.41 per Bitcoin at year-end 2025 to $58,745.18 at June 30, 2026, producing total returns of -13.37% for the quarter and -32.94% for the first half. Flows stayed positive despite the drawdown: 9.41 million shares were created versus 3.47 million redeemed in Q2, adding $181.6 million net and lifting shares outstanding to 122.75 million.
Key figures
- Net Income
- -496630000
- Btc per share
- 0.0004
- Q2 shares issued
- 9410000
- Q2 shares redeemed
- 3470000
- Q2 sponsor fee usd
- 1419000
- Shares outstanding
- 122749963
- Q2 total return pct
- -13.37
- Principal market nav
- 3188711898
- Q2 net creations usd
- 181637000
- Bitcoin cost basis usd
- 4292046000
- Net assets dec 31 2025 usd
- 4243952000
- Net assets jun 30 2026 usd
- 3188712000
- Six month total return pct
- -32.94
- Six month net creations usd
- 414255000
- Sponsor fee rate annual pct
- 0.15
- Principal market nav per share
- 25.98
- Principal market nav per share dec 31 2025
- 38.74
Price after filing
Close on the filing date to close N calendar days later (from $28.40). Historical, not a forecast.
AI analysis
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