The WisdomTree Bitcoin Fund reported a net asset value of $147.3 million as of March 31, 2026, reflecting an increase from $139.7 million at the end of the previous fiscal period. The fund's investment in bitcoin at fair value rose to $147.3 million, up from $139.7 million, while the total assets increased from $139.7 million to $147.3 million. The net asset value per share decreased to $72.02 from $92.51, indicating a decline in the value of the fund's shares over the quarter.
In terms of operational performance, the fund experienced a net decrease in net assets resulting from operations of $33.9 million for the three months ended March 31, 2026, compared to a loss of $40.3 million in the same period of the previous year. The decrease was primarily driven by a net change in unrealized depreciation on bitcoin investments, which amounted to $33.9 million, reflecting the decline in bitcoin prices during the quarter. The fund's total return based on net asset value per share was reported at -22.15% for the quarter.
The fund's capital share transactions showed a net increase of $41.5 million from the sale of shares, which contributed to the overall increase in net assets. The number of outstanding shares rose to 2,045,000 from 1,510,000, indicating a positive trend in share issuance despite the overall market volatility. The fund's operational metrics suggest a growing interest among investors, as evidenced by the increase in shares created during the quarter.
The filing also highlighted the impact of market conditions on the fund's performance, noting that bitcoin prices fell from $87,418.55 at the end of 2025 to $68,097.76 by the end of March 2026. This decline was attributed to heightened volatility in digital asset markets, influenced by global economic conditions and regulatory uncertainties. The fund's management indicated that these factors contributed to the net losses experienced during the period.
Looking ahead, the WisdomTree Bitcoin Fund remains focused on its investment objective of gaining exposure to bitcoin prices while managing operational expenses. The fund's management has expressed a commitment to navigating the challenges posed by market volatility and regulatory developments, with an emphasis on maintaining liquidity through the sale of bitcoin to cover operational costs. The outlook remains cautious, with the potential for continued fluctuations in bitcoin prices impacting future performance.
About WisdomTree Bitcoin Fund
The WisdomTree Bitcoin Fund is an exchange-traded vehicle that provides investors exposure to Bitcoin by holding the digital asset directly. It tracks Bitcoin’s price using a transparent, independently calculated Reference Rate, and trades on the Cboe BZX Exchange. The fund offers a cost-effective, accessible way to gain Bitcoin exposure without direct ownership, leveraging a passive, regulated structure focused on market-based valuation and liquidity.
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.