Commodity Contracts Brokers & Dealers · SIC 6221

CoinShares Bitcoin ETF

BRRR

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Latest revenue

as of

Latest net income

as of

Net margin

as of

Price · 5Y

+25.7% / yr 11.9 pts / yr vs S&P 500 71.4% total
Compare:

Live market

delayed ≤15 min
$21.37
2.38%
Market cap
$477.1M
Enterprise value
$477.1M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$35.70
52-wk low
$17.57
Beta
Shares out
22.3M

5-year trend

dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).

What this company does

AI

Item 1. Business. Summary CoinShares Bitcoin ETF (the “Trust”), formerly CoinShares Valkyrie Bitcoin Fund, was organized as a Delaware statutory trust on January 20, 2021. The fiscal year for the Trust is December 31st. The Trust issues common units of beneficial interest (“Shares”), which represent units of fractional undivided beneficial interest in and ownership of the Trust. The Shares of the Trust are listed on The Nasdaq Stock Market, LLC (“Nasdaq” or the “Exchange”). On March 15, 2024, CoinShares Co., a Delaware corporation, was appointed as the co-sponsor of the Trust. On June 14, 2024, CoinShares Co. (the “Sponsor”) succeeded Valkyrie Digital Assets LLC, a Delaware limited…

AI summary unavailable — showing raw filing excerpt

Generated from BRRR's filing dated 2026-03-10

Key risks

AI

Item 1A. Risk Factors. Risk Factors Related to the Bitcoin Network and Bitcoins Digital assets such as bitcoin have a limited operating history relative to traditional asset classes, and the medium- to long-term value of the Shares is subject to a number of factors relating to the capabilities and development of Blockchain technologies and to the fundamental investment characteristics of digital assets. Digital assets such as bitcoin have a limited operating history relative to traditional asset classes, and the medium- to long-term value of the Shares is subject to a number of factors relating to the capabilities and development of the Bitcoin Network and other digital asset networks, such…

AI summary unavailable — showing raw filing excerpt

Generated from BRRR's filing dated 2026-03-10

Profitability

Return on assets

-9.8%

126.5%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$-120.7M-57.5%

Q4 2025

2025-12-31

$-80.9M-144.3%

Q3 2025

2025-09-30

$43.3M+243.0%

Q2 2025

2025-06-30

$64.5M+208.3%

Q1 2025

2025-03-31

$-76.6M-184.5%

Q4 2024

2024-12-31

$182.7M

Q3 2024

2024-09-30

$12.6M

Q2 2024

2024-06-30

$20.9M

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Commodity Contracts Brokers & Dealers · SIC 6221

No data yet for industry average

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Insider activity

No insider transactions on file for BRRR in the last 12 months.

Source: SEC Form 4 filings. Backfill runs nightly.

Who owns BRRR

Institutional value

$334.4M

Total shares held

17.5M

Distinct holders

13

-2 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Marex Group plc16.9M$324.1M+0 (+0.0%)No change
2MEITAV INVESTMENT HOUSE LTD167.1K$3.2M+52.0K (+45.1%)Added
3JANE STREET GROUP, LLC155.6K$3.0MNew
4CPR Investments Inc.145.4K$2.8M+56.2K (+63.0%)Added
5Elequin Capital, LP41.2K$787.5K+38.6K (+1515.1%)Added
6IMC-Chicago, LLC22.1K$421.8KNew
7KERR FINANCIAL PLANNING Corp1.3K$122.3K+1.2K (+1685.7%)Added
8SUMMIT SECURITIES GROUP LLC819$15.7KNew
9CoreCap Advisors, LLC229$4.4K+0 (+0.0%)No change
10Harel Insurance Investments & Financial Services Ltd.19.7K$376+6.0K (+44.4%)Added
11Sankala Group LLC20$374+0 (+0.0%)No change
12Cambridge Investment Research Advisors, Inc.14.4K$275+781 (+5.7%)Added
13WELLS FARGO & COMPANY/MN0$8-1 (-100.0%)Exited

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once BRRR's latest filing finishes processing.