v3.25.2
Related Parties (Details Narrative) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Related Party Transaction [Line Items]        
Management fees $ 218,107 $ 176,449 $ 678,610 $ 390,023
Management fee payable 66,252   75,278 48,081
Sponsor [Member]        
Related Party Transaction [Line Items]        
Expense reimbursement 394,750 336,372 813,233 832,036
Unreimbursed expenses 263   322 370
Management fees 218,107 $ 176,449 678,610 390,023
Management fee payable $ 66,252   $ 75,278 $ 48,081
Related party transaction, description of transaction On March 27, 2024, the Trust effected a redemption of 2,400,000 Units in the amount of $54,057,318 for an affiliated investor, Anax Trading, LLC which is under common control with the Sponsor. This redemption represented approximately 29% of Units of the Trust. The aggregate number of Units owned by related parties was 538,490, valued at $14,418,154, and 538,490 Units, valued at $16,387,065 on March 31, 2025, and December 31, 2024, respectively.   On March 27, 2024, the Trust effected a redemption of 2,400,000 Units in the amount of $54,057,318 for an affiliated investor, Anax Trading, LLC which is under common control with the Sponsor. This redemption represented approximately 29% of Units of the Trust. The aggregate number of Units owned by related parties was 538,490, valued at $16,387,065, and 2,938,490 Units, valued at $40,679,711 on December 31, 2024, and December 31, 2023, respectively.