CoinShares Bitcoin ETF (BRRR) Non Operating Investment Income (2024 - 2026)
CoinShares Bitcoin ETF's (BRRR) quarterly Non Operating Investment Income came in at -$120.7 million in Q1 2026, up 33.61% year-over-year from -$90.4 million in Q1 2025, and up 61.09% quarter-over-quarter from -$310.3 million in Q4 2025.
Analysis
CoinShares Bitcoin ETF (BRRR) Non Operating Investment Income (2024 - 2026) Analysis & Trends
CoinShares Bitcoin ETF has disclosed Non Operating Investment Income across 3 years of filings, most recently posting -$120.7 million for Q1 2026.
- In Q1 2026, Non Operating Investment Income rose 33.61% year-over-year to -$120.7 million; the TTM figure through Mar 2026 stood at -$245.7 million (down 1187.78% YoY), while the FY2025 annual figure was -$184.9 million, down 160.01% from the prior year.
- Non Operating Investment Income came in at -$120.7 million for Q1 2026 at CoinShares Bitcoin ETF, up from -$310.3 million in the prior quarter.
- In the past five years, Non Operating Investment Income ranged from a high of $273.9 million in Q4 2024 to a low of -$310.3 million in Q4 2025.
- Average Non Operating Investment Income over 3 years is -$14.7 million, with a median of $13.0 million recorded in 2024.
- The largest YoY upside for Non Operating Investment Income was 271.67% in 2025 against a maximum downside of 300.53% in 2025.
- Over 3 years, Non Operating Investment Income stood at $273.9 million in 2024, then tumbled by 213.29% to -$310.3 million in 2025, then jumped by 61.09% to -$120.7 million in 2026.
- Per Business Quant data, the three most recent Non Operating Investment Income figures were -$120.7 million in Q1 2026, -$310.3 million in Q4 2025, and $43.8 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 283.00 Mn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | -23.94 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | -10.47 Bn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | -4.12 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 120.60 Mn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | -7.80 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 | - | -120.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -120.72 Mn |
| Dec 31, 2025 | -310.28 Mn |
| Sep 30, 2025 | 43.75 Mn |
| Jun 30, 2025 | 141.51 Mn |
| Mar 31, 2025 | -181.83 Mn |
| Dec 31, 2024 | 273.87 Mn |
| Sep 30, 2024 | 12.98 Mn |
| Jun 30, 2024 | -82.43 Mn |
| Mar 31, 2024 | 90.67 Mn |