CoinShares Bitcoin ETF (BRRR) Price to Book (2024 - 2026)
CoinShares Bitcoin ETF's (BRRR) quarterly Price to Book came in at 0.99 in Q1 2026, down 26.87% year-over-year from 1.36 in Q1 2025, and down 5.12% quarter-over-quarter from 1.05 in Q4 2025.
Analysis
CoinShares Bitcoin ETF (BRRR) Price to Book (2024 - 2026) Analysis & Trends
CoinShares Bitcoin ETF has disclosed Price to Book across 3 years of filings, most recently posting 0.99 for Q1 2026.
- In Q1 2026, Price to Book fell 26.87% year-over-year to 0.99; the TTM figure through Mar 2026 stood at 0.99 (down 26.87% YoY), while the FY2025 annual figure was 1.05, up 25.41% from the prior year.
- Price to Book came in at 0.99 for Q1 2026 at CoinShares Bitcoin ETF, down from 1.05 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 1.36 in Q1 2025 to a low of 0.45 in Q1 2024.
- Average Price to Book over 3 years is 0.97, with a median of 1.01 recorded in 2024.
- Year-over-year, Price to Book soared 199.27% in 2025 and dropped 26.87% in 2026.
- Over 3 years, Price to Book stood at 0.84 in 2024, then grew by 25.41% to 1.05 in 2025, then dropped by 5.12% to 0.99 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 0.99 in Q1 2026, 1.05 in Q4 2025, and 0.99 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 | 0.99 |
| Dec 31, 2025 | 1.05 |
| Sep 30, 2025 | 0.99 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 1.36 |
| Dec 31, 2024 | 0.84 |
| Sep 30, 2024 | 1.01 |
| Jun 30, 2024 | 1.03 |
| Mar 31, 2024 | 0.45 |