Grayscale CoinDesk Crypto 5 ETF’s net increase in assets from operations grew year over year as appreciation in its digital-asset holdings lifted unrealized gains, more than offsetting lower realized gains and the quarter’s redemptions. Net assets rose 42% during the quarter.
Financial Highlights
| Metric | Net income² |
| Current quarter | $140.48M |
| Prior year quarter | $108.11M |
| YoY change | 29.9% |
² Reported as “Net increase in net assets resulting from operations”.
Business Highlights
- Portfolio performance: Net realized and unrealized gain was $141.0M, compared with $113.1M a year earlier.
- Digital-asset appreciation: Net unrealized appreciation was $134.3M, versus depreciation of $21.5M in the prior-year quarter.
- Redemptions: The Fund redeemed 320,000…
