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. |