v3.26.1
Concentration Risk
9 Months Ended
Mar. 31, 2026
Risks and Uncertainties [Abstract]  
Concentration Risk

7. Concentration Risk

The Trust’s investment portfolio is concentrated in LTC, and its net asset value and results of operations are directly affected by the price of LTC, which has historically been highly volatile. As a result, the Trust may experience significant fluctuations in net asset value, including periods of substantial losses. This concentration also exposes the Trust to risks specific to LTC and its supporting infrastructure, including market liquidity constraints and operational or cybersecurity risks associated with the custody and transfer of LTC.