British Pound Sterling Deposits |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Cash and Cash Equivalents [Abstract] | |
| British Pound Sterling Deposits | Note 4 – British Pound Sterling Deposits British Pound Sterling principal deposits are held in a British Pound Sterling-denominated, interest-bearing demand account. The interest rate in effect as of March 31, 2025 was an annual nominal rate of 3.06%. For the three months ended March 31, 2025, there were British Pound Sterling principal deposits of 9,606,254 and British Pound Sterling principal redemptions of 14,409,381, resulting in an ending British Pound Sterling principal balance of 43,228,141. This equates to 55,796,966 USD. For the year ended December 31, 2024, there were British Pound Sterling principal deposits of 52,834,396 and British Pound Sterling principal redemptions of 72,046,904, resulting in an ending British Pound Sterling principal balance of 48,031,268. This equates to 60,154,130 USD. Net interest, if any, associated with creation and redemption activity is held in a British Pound Sterling-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any. |