CoinShares Bitcoin ETF BRRR
NASDAQ BRRR
$22.11 -0.40 (-1.78%)
At close: Sep 8, 2026 · 4:00 PM EDT

CoinShares Bitcoin ETF (BRRR) Operating Expenses (2024 - 2026)

CoinShares Bitcoin ETF's (BRRR) quarterly Operating Expenses came in at $288981.0 in Q1 2026, down 37.25% year-over-year from $460553.0 in Q1 2025, and down 21.63% quarter-over-quarter from $368758.0 in Q4 2025.

Analysis

CoinShares Bitcoin ETF (BRRR) Operating Expenses (2024 - 2026) Analysis & Trends

CoinShares Bitcoin ETF has disclosed Operating Expenses across 3 years of filings, most recently posting $288981.0 for Q1 2026.

  • In Q1 2026, Operating Expenses fell 37.25% year-over-year to $288981.0; the TTM figure through Mar 2026 stood at $1.4 million (down 8.07% YoY), while the FY2025 annual figure was $1.6 million, up 45.38% from the prior year.
  • Operating Expenses came in at $288981.0 for Q1 2026 at CoinShares Bitcoin ETF, down from $368758.0 in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $478235.0 in Q4 2024 to a low of $288981.0 in Q1 2026.
  • Average Operating Expenses over 3 years is $377503.9, with a median of $366277.0 recorded in 2025.
  • Year-over-year, Operating Expenses grew 25.24% in 2025 and sank 37.25% in 2026.
  • Over 3 years, Operating Expenses stood at $478235.0 in 2024, then retreated by 22.89% to $368758.0 in 2025, then slipped by 21.63% to $288981.0 in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $288981.0 in Q1 2026, $368758.0 in Q4 2025, and $424972.0 in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 4.62 Bn
2 Spdr Gold Trust 144.81 Bn -413.20 Bn - 149.76 Mn
3 Ishares Gold Trust 30.30 Bn -29.81 Bn - 43.37 Mn
4 World Gold Trust 29.28 Bn -73.79 Bn - 7.55 Mn
5 Principal Financial 24.84 Bn -28.13 Bn 1.91 Bn 3.41 Bn
6 iShares Silver Trust 22.15 Bn -6.05 Bn - 44.44 Mn
7 Franklin Resources 17.84 Bn 14.12 Bn - 2.14 Bn
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn 1.46 Bn
9 Affiliated Managers 9.51 Bn 9.10 Bn - 486.70 Mn
10 CoinShares Bitcoin ETF 477.13 Mn 148.79 Mn - 288,981.00
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 288,981.00
Dec 31, 2025 368,758.00
Sep 30, 2025 424,972.00
Jun 30, 2025 363,796.00
Mar 31, 2025 460,553.00
Dec 31, 2024 478,235.00
Sep 30, 2024 344,255.00
Jun 30, 2024 290,481.00