v3.26.1
Statement of Operations
 11 Months Ended
Dec. 31, 2025
USD ($)
 [1],[2]
Income:  
Total Income
Expenses:  
Management fees 511,454
Other 50
Total expenses 511,504
Less waiver (255,727)
Net expenses 255,777
Net investment loss (255,777) [3]
REALIZED AND CHANGE IN UNREALIZED GAIN (LOSS)  
Net realized gain 337,807 [3]
Net change in unrealized appreciation (depreciation) (2,063,711) [3]
Net realized and change in unrealized (loss) (1,725,904)
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS $ (1,981,681) [3]
[1] Commencement of operations. No operations occurred prior to this date.
[2] No comparative statement shown/provided as it is the Trust’s first fiscal year of operations.
[3] Commencement of operations. No operations occurred prior to this date. See Note 6 for information regarding the initial seed Share creation and redemption.