Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ETCG SEC filings page.
This page shows GRAYSCALE ETHRM CLSSIC TR (ETCG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The trust’s reported value is driven by asset-price swings, with no liabilities separating portfolio changes from equity.
The trust moved from net income of$335M in FY2021 to a net loss of$220M in FY2022, a reversal that coincided with shrinking reported assets. The same pattern returned by FY2025, when a net loss of$157M accompanied assets of$126M , pointing to portfolio valuation exposure rather than a recurring operating profit engine.
Assets fell from
Revenue, operating cash flow, and free cash flow are not reported, so conventional sales-growth and cash-conversion analysis cannot explain these results. The meaningful lens is reported net income alongside total assets, not operating margin.
Financial Health Signals
GRAYSCALE ETHRM CLSSIC TR does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
GRAYSCALE ETHRM CLSSIC TR reported a net loss of $14.1M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
GRAYSCALE ETHRM CLSSIC TR's quarterly ROE was -18.8% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 17.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 22.2 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
ETCG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ETCG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $75.3M-59.6% | $89.4M-52.6% | $126.0M-55.5% | $203.2M-8.9% | $186.6M-30.6% | $188.5M-51.8% | $283.1M+11.5% | $223.0M+16.6% |
| Total Liabilities | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Equity | $75.3M-59.6% | $89.4M-52.6% | $126.0M-55.5% | $203.2M-8.9% | $186.6M-30.6% | $188.5M-51.8% | $283.1M+11.5% | $223.0M+16.6% |
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
ETCG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -18.8%-17.7pp | -40.9%+9.2pp | N/A | 8.2%+28.7pp | -1.1%+44.5pp | -50.1%-85.2pp | N/A | -20.5%+0.1pp |
| Return on Assets | -18.8%-17.7pp | -40.9%+9.2pp | N/A | 8.2%+28.7pp | -1.1%+44.5pp | -50.1%-85.2pp | N/A | -20.5%+0.1pp |
| Liabilities-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.
Where GRAYSCALE ETHRM CLSSIC TR Ranks
Frequently Asked Questions
Is GRAYSCALE ETHRM CLSSIC TR profitable?
No, GRAYSCALE ETHRM CLSSIC TR (ETCG) reported a net loss of $157.1M in fiscal year 2025.
What is GRAYSCALE ETHRM CLSSIC TR's return on equity (ROE)?
GRAYSCALE ETHRM CLSSIC TR (ETCG) has a return on equity of -124.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are GRAYSCALE ETHRM CLSSIC TR's total assets?
GRAYSCALE ETHRM CLSSIC TR (ETCG) had $126.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is GRAYSCALE ETHRM CLSSIC TR's liabilities-to-equity ratio?
GRAYSCALE ETHRM CLSSIC TR (ETCG) had a liabilities-to-equity ratio of 0.00 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is GRAYSCALE ETHRM CLSSIC TR's return on assets (ROA)?
GRAYSCALE ETHRM CLSSIC TR (ETCG) had a return on assets of -124.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.