Grayscale Ethereum Staking ETF (ETHE) Non Operating Investment Income (2023 - 2026)

Grayscale Ethereum Staking ETF (ETHE) recorded quarterly Non Operating Investment Income of -$1.0 billion in Q1 2026, up 17.47% quarter-over-quarter from -$1.2 billion in Q4 2025, and up 59.71% on a YoY basis from -$627.6 million in Q1 2025.

Grayscale Ethereum Staking ETF (ETHE) Non Operating Investment Income (2023 - 2026) Analysis & Trends

Grayscale Ethereum Staking ETF's Non Operating Investment Income history runs 4 years deep, the most recent figure standing at -$1.0 billion for Q1 2026.

  • In Q1 2026, Non Operating Investment Income rose 59.71% year-over-year to -$1.0 billion; the TTM figure through Mar 2026 stood at -$132.2 million (up 94.74% YoY), while the FY2025 annual figure was -$2.3 billion, down 67.52% from the prior year.
  • Non Operating Investment Income was -$1.0 billion for Q1 2026 at Grayscale Ethereum Staking ETF, up from -$1.2 billion in the prior quarter.
  • In the past five years, Non Operating Investment Income ranged from a high of $4.0 billion in Q1 2024 to a low of -$5.2 billion in Q3 2024.
  • Historically, Non Operating Investment Income has averaged $121.5 million across 4 years, with a median of $770.0 million in 2025.
  • Biggest YoY gain for Non Operating Investment Income was 125.49% in 2025; the steepest drop was 203.58% in 2025.
  • A 4-year view of Non Operating Investment Income shows it stood at $1.8 billion in 2023, then sank by 34.41% to $1.2 billion in 2024, then plunged by 203.58% to -$1.2 billion in 2025, then climbed by 17.47% to -$1.0 billion in 2026.
  • The last three Non Operating Investment Income figures came in at -$1.0 billion (Q1 2026), -$1.2 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.00 Bn
Mar 31, 2026 -1.00 Bn
Dec 31, 2025 -1.21 Bn
Dec 31, 2025 -1.21 Bn
Sep 30, 2025 1.31 Bn
Sep 30, 2025 1.31 Bn
Jun 30, 2025 770.04 Mn
Jun 30, 2025 770.04 Mn
Mar 31, 2025 -2.49 Bn
Mar 31, 2025 -2.49 Bn
Dec 31, 2024 1.17 Bn
Dec 31, 2024 1.17 Bn
Sep 30, 2024 -5.16 Bn
Sep 30, 2024 -5.16 Bn
Mar 31, 2024 3.96 Bn
Mar 31, 2024 3.96 Bn
Dec 31, 2023 1.79 Bn
Dec 31, 2023 1.79 Bn
Jun 30, 2023 291.14 Mn
Jun 30, 2023 291.14 Mn