CoinShares Bitcoin ETF (BRRR) Shares Outstanding (2024 - 2026)
CoinShares Bitcoin ETF's (BRRR) quarterly Shares Outstanding (Entity) came in at $22.3 million in Q1 2026, down 20.32% year-over-year from $28.0 million in Q1 2025, and up 4.3% quarter-over-quarter from $21.4 million in Q4 2025.
Analysis
CoinShares Bitcoin ETF (BRRR) Shares Outstanding (2024 - 2026) Analysis & Trends
CoinShares Bitcoin ETF has disclosed Shares Outstanding (Entity) across 3 years of filings, most recently posting $22.3 million for Q1 2026.
- In Q1 2026, Shares Outstanding (Entity) fell 20.32% year-over-year to $22.3 million; the TTM figure through Mar 2026 stood at $22.3 million (down 20.32% YoY), while the FY2025 annual figure was $21.4 million, down 17.94% from the prior year.
- Shares Outstanding (Entity) came in at $22.3 million for Q1 2026 at CoinShares Bitcoin ETF, up from $21.4 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $32.1 million in Q3 2024 to a low of $12.3 million in Q1 2024.
- Average Shares Outstanding (Entity) over 3 years is $23.9 million, with a median of $22.3 million recorded in 2026.
- The largest YoY upside for Shares Outstanding (Entity) was 128.65% in 2025 against a maximum downside of 34.73% in 2025.
- Over 3 years, Shares Outstanding (Entity) stood at $26.1 million in 2024, then fell by 17.94% to $21.4 million in 2025, then gained by 4.3% to $22.3 million in 2026.
- Per Business Quant data, the three most recent Shares Outstanding (Entity) figures were $22.3 million in Q1 2026, $21.4 million in Q4 2025, and $20.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 155.20 Mn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 361.94 Mn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | 369.28 Mn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 339.27 Mn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 215.90 Mn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | 372.94 Mn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 515.20 Mn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 451.30 Mn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 26.40 Mn |
| 10 | CoinShares Bitcoin ETF | 477.13 Mn | 148.79 Mn | - | 21.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 21.61 Mn |
| Dec 31, 2025 | 22.61 Mn |
| Sep 30, 2025 | 20.88 Mn |
| Jun 30, 2025 | 20.97 Mn |
| Mar 31, 2025 | 28.02 Mn |
| Dec 31, 2024 | 26.49 Mn |
| Sep 30, 2024 | 31.01 Mn |
| Jun 30, 2024 | 28.75 Mn |
| Mar 31, 2024 | 12.25 Mn |