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
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