GAVA Prospectus

GRAYSCALE AVALANCHE STAKING ETF STATEMENTS OF OPERATIONS (Amounts in thousands)

August 20, 2024 (the Commencement of the Trust’s Operations) to December 31, 2024

Year Ended December 31, 2025

Investment income: Investment income

$

- $

-

Expenses: Sponsor’s Fee, related party

210

17

Net investment loss

(210 )

(17 )

Net realized and unrealized (loss) gain on investment from: Net realized (loss) gain on investment in AVAX Net change in unrealized appreciation/depreciation on investment in AVAX Net realized and unrealized (loss) gain on investment Net (decrease) increase in net assets resulting from operations $

(40 )

5

(8,174 ) (8,214 )

746 751 734

(8,424) $

See accompanying notes to financial statements.

F-5

Made with FlippingBook - professional solution for displaying marketing and sales documents online