Franklin Templeton Digital Holdings Trust Reports Fiscal Year 2026 Financial Results

**Franklin Templeton Digital Holdings Trust Reports Fiscal Year 2026 Results**

Franklin Templeton Digital Holdings Trust, offering the Franklin Bitcoin ETF, reported its financial results for the fiscal year ended March 31, 2026. The Fund's net assets increased to approximately $429.34 million as of March 31, 2026, up from $410.86 million at the end of the previous fiscal year. This increase was primarily driven by net capital share transactions totaling approximately $137.01 million, which offset a decrease in the value of the Fund's bitcoin holdings due to market depreciation. The Fund's net asset value (NAV) per Share decreased by 18.02% from $48.05 to $39.39 over the fiscal year, reflecting a corresponding 17.87% decrease in the price of bitcoin.

During the fiscal year ended March 31, 2026, the Fund issued 4,450,000 Shares in exchange for 2,576.52 bitcoin and redeemed 2,100,000 Shares in exchange for 1,215.39 bitcoin. This compares to the prior fiscal year ended March 31, 2025, when the Fund issued 7,850,000 Shares for 4,552.17 bitcoin and redeemed 7,650,000 Shares for 4,433.65 bitcoin. The Fund's primary recurring expense is the Sponsor's fee, which amounted to $1,028,947 for the fiscal year ended March 31, 2026, compared to $965,680 for the prior year, with a waiver of $245,121 applied in the previous year.

The Sponsor, Franklin Holdings, LLC, assumes ordinary operational and administrative expenses of the Fund in exchange for the Sponsor's fee. This includes fees for the Administrator, Marketing Agent, Custodians, Trustee, exchange listing fees, and other operational costs, up to $500,000 annually for ordinary legal fees. The Sponsor also covered the Fund's organizational and initial offering costs. The Fund's investment objective is to reflect generally the performance of the price of bitcoin before expenses, and it operates as a passive investment vehicle without the use of leverage or derivatives.

Looking ahead, the Trust and the Fund do not anticipate material changes to their liquidity needs. The Sponsor may, at its discretion, waive all or a portion of its fee for stated periods, though no specific circumstances for such waivers have been determined. The Fund will continue to sell bitcoin as needed to cover the Sponsor's fee and any other expenses not assumed by the Sponsor, bearing transaction costs associated with these sales. The Trust is classified as an "emerging growth company," benefiting from reduced public company reporting requirements.