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Financial statements

Grayscale Ethereum Staking Mini ETF financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Grayscale Ethereum Staking Mini ETF files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025
Operating expenses3.05
Net income-318

Balance sheet

FY2025
Cash and equivalents0
Total assets2,181
Total liabilities0.23

Cash flow statement

FY2025
Net income-318
Cash from operations-928
Stock issued1,898
Cash from financing928
Net change in cash0

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $25.72 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-79.3%Net income / average total assets.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets0.0%Total liabilities / total assets.

Valuation

MetricValueHow it is calculated
Market cap$2.26BShare price x shares outstanding.
Enterprise value$2.26BMarket cap + total debt - cash - short-term investments.
Earnings yield-47.2%Net income / market cap (the inverse of P/E).
Was Grayscale Ethereum Staking Mini ETF profitable in fiscal 2025?

No. It reported a net loss of $317.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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