ARKB's first 10-Q: what a spot Bitcoin ETF actually discloses
ARK 21Shares Bitcoin ETF filed its inaugural quarterly report in May 2024, setting the disclosure baseline every spot Bitcoin ETF investor should understand.
Filing Summaries
Notes that pull the important parts of SEC filings into context for covered companies and ETF wrappers.
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IBIT's 10-Q is a wrapper filing, not a company filing
BlackRock's spot Bitcoin ETF filed its March 2025 quarterly report. The read belongs to AUM and flows, not issuer fundamentals.
IBIT's 10-Q confirms what the structure already implied: this is a Bitcoin price vehicle
BlackRock's spot Bitcoin ETF filed its June 30 quarterly report. The document reinforces a simple truth: AUM mechanics and flow dynamics are the only numbers that matter here.
IBIT's 10-Q Is a Wrapper Filing. Read It Like One.
BlackRock's spot Bitcoin ETF files quarterly reports, but the read belongs to AUM, flows, and tracking fidelity, not issuer fundamentals.
FBTC's 10-K confirms the wrapper works
Fidelity's spot Bitcoin ETF filed its fiscal 2024 annual report on March 14, 2025. The filing certifies custody and BTC-per-share mechanics. That is the entire signal.
FBTC's 10-Q Confirms the Wrapper Works. That Is About It.
Fidelity's spot Bitcoin ETF filed its September quarter 10-Q on November 7, 2025. The filing exists to satisfy the SEC. The numbers that move FBTC live somewhere else.
FBTC's 10-Q is a non-event. The product behind it is the entire story.
Fidelity's spot Bitcoin ETF filed its June 30 quarterly report with a watchlist-level Filing Risk reading and a BTC Exposure Score pinned at the top of the range.
ARKB's 10-Q: the simplest filing in the Bitcoin ETF wrapper category
ARK 21Shares Bitcoin ETF filed its Q1 2025 10-Q on May 13. The document confirms what the product structure already implies: there is no operating business to analyze.
RIOT's 10-K: The Treasury Now Outweighs The Mine
Riot Platforms' annual report lands with high disclosure intensity and a Bitcoin position that anchors the equity story more than mining revenue does.
Galaxy Digital's 10-K Lands With A High Filing Risk Read
GLXY's annual report pairs an elevated Filing Risk Score with top-tier Bitcoin sensitivity, marking it as an operating crypto financial-services firm with diffuse exposure across trading, asset management, and principal investments.
IBIT's 10-Q is a wrapper filing. AUM and flows are the real read
BlackRock's spot Bitcoin ETF filed its September 30 quarterly report. The filing mechanics tell you almost nothing about what actually drives the equity.
IBIT's 10-K Is A Structural Document, Not An Earnings Story
BlackRock's iShares Bitcoin Trust filed its annual report on February 27, 2026. Reading it like a corporate 10-K misses what actually matters.
RIOT's Q1 10-Q: Mining Economics Meet A $1.07 Billion Bitcoin Balance Sheet
Riot Platforms' first-quarter filing shows a miner carrying material Bitcoin treasury exposure alongside direct operating leverage to hashrate and energy costs.
FBTC's First Annual 10-K: The Wrapper Tells You What It Can
Fidelity's spot Bitcoin ETF filed its first full-year 10-K on February 25. The document confirms the mechanics. It cannot tell you anything about Bitcoin.
MARA's 10-K: the miner that is becoming a treasury company
MARA's fiscal 2025 annual filing shows a Bitcoin miner where the balance sheet now competes with the rigs as the dominant equity driver.
Robinhood's Q1 10-Q: $1.07 billion in revenue and a crypto-sensitive model facing a 32% YTD drawdown
HOOD crossed a billion in quarterly revenue, but a fear-regime crypto tape and a 32% YTD decline make the revenue mix the central question.
IBIT's Q1 10-Q Tells You Almost Nothing, And That Is The Point
BlackRock's spot Bitcoin ETF filed its Q1 2026 10-Q on May 7. The filing is a structural formality. The real read sits in Bitcoin price, flows, and AUM.
Coinbase Posted $1.41 Billion In Q1. The Tape It Lands Into Looks Worse.
COIN's Q1 revenue was earned in a different crypto market than the one it now operates in. The Q2 print is where the exchange model gets tested.
FBTC's Q1 10-Q Is Clean. The Tape Around It Is Not.
Fidelity's spot Bitcoin ETF filed a routine quarterly report on May 6, with near-maximum Bitcoin exposure and a watchlist-level filing risk read, while the macro tape sits in fear sentiment and a Bitcoin-led regime.
Galaxy Digital's Q1 10-Q lands into a Bitcoin-led tape running on fear
GLXY filed its March quarter 10-Q on May 8 with $10.04 billion in revenue, and the filing arrives just as Bitcoin dominance climbs and crypto sentiment sits in fear.
MARA's Q1 10-Q: A $2.41 Billion Bitcoin Pile Now Runs The Equity
MARA's first-quarter filing shows $174.6 million in revenue alongside a Bitcoin treasury that dominates the equity's risk profile.