Grayscale Horizen Trust Q2 net asset decline widens to USD 1.53 million; net assets drop 29% to USD 3.78 million
HZEN•Losses and fee impact
Net realized and unrealized loss on investment in ZEN totaled USD 1.5 million, including a realized loss of USD 79,000 tied to paying the Sponsor’s Fee.
The Sponsor’s Fee was USD 32,000, paid via the withdrawal of about 5,863 ZEN during the quarter.
Q2 net asset decline widens
Grayscale Horizen Trust (Zen) posted a net decrease in net assets from operations of USD 1.53 million for the three months ended June 30, 2026.
Net assets fall as ZEN price declines
Net assets fell 29% to USD 3.78 million at June 30, 2026, driven by ZEN price depreciation to USD 4.03 from USD 5.63.
