3. Investment in Crypto Assets The following represents the changes in fair value of crypto assets held during the period from February 14, 2025^, through December 31, 2025*: Crypto assets of the Index Constituents | | | For the period
February 14,
2025^ through
December 31,
2025*
(Unaudited) | | | Balance at February 14, 2025^ | | | - | | | Purchases | | | 148,384,775 | | | Sales | | | (25,459,678 | ) | | Realized Gain | | | 673,678 | | | Realized Loss | | | (335,871 | ) | | Change in Unrealized Appreciation | | | 6,208,241 | | | Change in Unrealized Depreciation | | | (8,271,952 | ) | | Balance at December 31, 2025 | | | 121,199,193 | | | * | No comparative schedule shown/provided as it is the Trust’s first fiscal year of operations | | ^ | Commencement of operations. No operations occurred prior to this date. |
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