
	Three Months Ended March 31,
	2025			2024
Per Share Data:
Principal Market NAV, beginning of period	$	74.08		$	38.06
Net (decrease) increase in net assets from investment operations:
Net investment loss		(0.27	)		(0.18	)
Net realized and unrealized (loss) gain		(8.66	)		25.43
Net (decrease) increase in net assets resulting from operations		(8.93	)		25.25
Principal Market NAV, end of period	$	65.15		$	63.31
Total return		-12.05	%		66.34	%
Ratios to average net assets:
Net investment loss		-1.50	%		-1.56	%
Expenses		-1.50	%		-1.56	%

Ratios of net investment loss and expenses to average net assets have been annualized.

An individual shareholder’s return, ratios, and per Share performance may vary from those presented above based on the timing of Share transactions. The amount shown for a Share outstanding throughout the period may not correlate with the Statement of Operations for the period due to the number of Shares issued in Creations occurring at an operational value derived from an operating metric as defined in the Trust Agreement.

Total return is calculated assuming an initial investment made at the Principal Market NAV at the beginning of the period and assuming redemption on the last day of the period.