Euro Deposits |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Cash and Cash Equivalents [Abstract] | |
| Euro Deposits | Note 4 – Euro Deposits Euro principal deposits are held in a euro-denominated, interest-bearing demand account. The interest rate in effect as of March 31, 2025 was an annual nominal rate of 1.50%. For the three months ended March 31, 2025, there were euro principal deposits of 78,423,608 and euro principal redemptions of 23,065,767 resulting in an ending euro principal balance of 216,818,215. This equates to 234,208,172 USD (which includes USD subscriptions receivable). For the year ended December 31, 2024, there were euro principal deposits of 73,810,979, euro principal redemptions of 110,717,094 resulting in an ending euro principal balance of 161,458,560. This equates to 167,191,705 USD. Net interest, if any, associated with creation and redemption activity is held in a euro-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any. |