CoinShares Bitcoin ETF (BRRR) Enterprise Value (2024 - 2026)
CoinShares Bitcoin ETF's (BRRR) quarterly Enterprise Value came in at $369.6 million in Q1 2026, down 41.82% year-over-year from $635.3 million in Q1 2025, and down 11.31% quarter-over-quarter from $416.8 million in Q4 2025.
Analysis
CoinShares Bitcoin ETF (BRRR) Enterprise Value (2024 - 2026) Analysis & Trends
CoinShares Bitcoin ETF has disclosed Enterprise Value across 3 years of filings, most recently posting $369.6 million for Q1 2026.
- In Q1 2026, Enterprise Value fell 41.82% year-over-year to $369.6 million; the TTM figure through Mar 2026 stood at $98.7 million (up 108.74% YoY), while the FY2025 annual figure was $416.8 million, up 619.39% from the prior year.
- Enterprise Value came in at $369.6 million for Q1 2026 at CoinShares Bitcoin ETF, down from $416.8 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $635.3 million in Q1 2025 to a low of -$205.9 million in Q1 2024.
- Average Enterprise Value over 3 years is $267.5 million, with a median of $369.6 million recorded in 2026.
- Year-over-year, Enterprise Value jumped 5551.1% in 2025 and sank 41.82% in 2026.
- Over 3 years, Enterprise Value stood at $57.9 million in 2024, then jumped by 619.39% to $416.8 million in 2025, then retreated by 11.31% to $369.6 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $369.6 million in Q1 2026, $416.8 million in Q4 2025, and $579.2 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - |
| 10 | CoinShares Bitcoin ETF | 477.13 Mn | 148.79 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 369.63 Mn |
| Dec 31, 2025 | 416.78 Mn |
| Sep 30, 2025 | 579.16 Mn |
| Jun 30, 2025 | 579.21 Mn |
| Mar 31, 2025 | 635.29 Mn |
| Dec 31, 2024 | 57.94 Mn |
| Sep 30, 2024 | -13.79 Mn |
| Jun 30, 2024 | -10.63 Mn |
| Mar 31, 2024 | -205.86 Mn |