(Amounts in thousands, except Bitcoin amounts)

Quantity

Fair Value

Bitcoin balance at June 30, 2024

5,990.49484890

$

370,987

Bitcoin contributed

-

-

Net Bitcoin distributed from portfolio rebalancing

(71.44609760

)

(6,522

)

Bitcoin distributed for Manager's Fee, related party

(110.61384743

)

(8,745

)

Net change in unrealized appreciation/depreciation on investment in Bitcoin

-

110,127

Net realized gain on investment in Bitcoin

-

13,023

Bitcoin balance at March 31, 2025

5,808.43490387

$

478,870

Bitcoin balance at June 30, 2025

5,757.74321433

$

620,419

Bitcoin contributed

971.33089253

90,892

Bitcoin redeemed

(2,298.84799174

)

(237,358

)

Net Bitcoin distributed from portfolio rebalancing

(222.57283957

)

(19,098

)

Bitcoin distributed for Manager’s Fee, related party

(45.41631174

)

(4,868

)

Net change in unrealized appreciation/depreciation on investment in Bitcoin

-

(383,879

)

Net realized gain on investment in Bitcoin sold for rebalancing

-

13,214

Net realized gain on investment in Bitcoin sold to pay expenses

-

4,135

Net realized gain on investment in Bitcoin sold for redemption of Shares

-

198,765

Bitcoin balance at March 31, 2026

4,162.23696381

$

282,222

(Amounts in thousands, except Ether amounts)

Quantity

Fair Value

Ether balance at June 30, 2024

36,577.59452337

$

125,205

Ether contributed

-

-

Net Ether distributed from portfolio rebalancing

(568.93132582

)

(1,971

)

Ether distributed for Manager's Fee, related party

(673.63622212

)

(1,923

)

Net change in unrealized appreciation/depreciation on investment in Ether

-

(60,014

)

Net realized gain on investment in Ether

-

3,272

Ether balance at March 31, 2025

35,335.02697543

$

64,569

Ether balance at June 30, 2025

35,007.73089383

$

88,088

Ether contributed

5,881.77941317

18,554

Ether redeemed

(13,934.67015328

)

(51,305

)

Net Ether distributed from portfolio rebalancing

(1,536.05859680

)

(4,364

)

Ether distributed for Manager’s Fee, related party

(275.50452740

)

(999

)

Net change in unrealized appreciation/depreciation on investment in Ether

-

(43,323

)

Net realized gain on investment in Ether sold for rebalancing

-

2,936

Net realized gain on investment in Ether sold to pay expenses

-

827

Net realized gain on investment in Ether sold for redemption of Shares

-

42,267

Ether balance at March 31, 2026

25,143.27702952

$

52,681

(Amounts in thousands, except BNB amounts)

Quantity

Fair Value

BNB balance at June 30, 2025

-

$

-

BNB contributed

394.76007745

251

BNB redeeemd

(534.31174458

)

(350

)

BNB contributed from portfolio rebalancing

28,432.04456228

24,458

BNB distributed for Manager’s Fee, related party

(26.35018201

)

(17

)

Net change in unrealized appreciation/depreciation on investment in BNB

-

(6,841

)

Net realized loss on investment in BNB sold to pay expenses

(6

)

Net realized loss on investment in BNB sold for redemption of Shares

-

(110

)

BNB balance at March 31, 2026

28,266.14271314

$

17,385

(Amounts in thousands, except XRP amounts)

Quantity

Fair Value

XRP balance at June 30, 2024

16,719,307.919340

$

7,917

XRP contributed

-

-

Net XRP contributed from portfolio rebalancing

421,022.077510

322

XRP distributed for Manager's Fee, related party

(316,090.677749

)

(462

)

Net change in unrealized appreciation/depreciation on investment in XRP

-

27,110

Net realized gain on investment in XRP

-

276

XRP balance at March 31, 2025

16,824,239.31910100

$

35,163

XRP balance at June 30, 2025

16,870,769.902426

$

39,140

XRP contributed

2,920,226.882813

6,485

XRP redeemed

(6,868,178.924188

)

(16,980

)

Net XRP contributed from portfolio rebalancing

(110,755.761849

)

219

XRP distributed for Manager’s Fee, related party

(135,021.664018

)

(360

)

Net change in unrealized appreciation/depreciation on investment in XRP

-

(24,084

)

Net realized gain on investment in XRP sold for rebalancing

-

379

Net realized gain on investment in XRP sold to pay expenses

-

265

Net realized gain on investment in XRP sold for redemption of Shares

-

11,973

XRP balance at March 31, 2026

12,677,040.435184

$

17,037

(Amounts in thousands, except SOL amounts)

Quantity

Fair Value

SOL balance at June 30, 2024

135,348.78720949

$

19,574

SOL contributed

-

-

Net SOL contributed from portfolio rebalancing

7,967.88108110

1,296

SOL distributed for Manager's Fee, related party

(2,629.68580533

)

(458

)

Net change in unrealized appreciation/depreciation on investment in SOL

-

(2,929

)

Net realized gain on investment in SOL

-

135

SOL balance at March 31, 2025

140,686.98248526

$

17,618

SOL balance at June 30, 2025

148,399.95605973

$

23,417

SOL contributed

26,705.34689249

3,919

SOL redeemed

(62,653.62035952

)

(11,292

)

Net SOL contributed from portfolio rebalancing

6,646.14548444

1,340

SOL distributed for Manager’s Fee, related party

(1,221.16269358

)

(210

)

Net change in unrealized appreciation/depreciation on investment in SOL

-

(10,756

)

Net realized loss on investment in SOL sold for rebalancing

-

(37

)

Net realized gain on investment in SOL sold to pay expenses

-

56

Net realized gain on investment in SOL sold for redemption of Shares

-

3,299

SOL balance at March 31, 2026

117,876.66538356

$

9,736

(Amounts in thousands, except ADA amounts)

Quantity

Fair Value

ADA balance at June 30, 2024

-

$

-

ADA contributed

-

-

Net ADA contributed from portfolio rebalancing

10,539,970.763711

11,707

ADA distributed for Manager's Fee, related party

(62,622.055000

)

(52

)

Net change in unrealized appreciation/depreciation on investment in ADA

-

(4,868

)

Net realized gain on investment in ADA

-

80

ADA balance at March 31, 2025

10,477,348.70871100

$

6,867

ADA balance at June 30, 2025

10,440,402.251514

$

6,158

ADA contributed

1,671,370.544544

834

ADA redeemed

(4,047,532.126307

)

(2,646

)

Net ADA distributed from portfolio rebalancing

(7,988,687.039545

)

(2,555

)

ADA distributed for Manager’s Fee, related party

(75,553.630206

)

(55

)

Net change in unrealized appreciation/depreciation on investment in ADA

-

5,524

Net realized loss on investment in ADA sold for rebalancing

-

(5,468

)

Net realized loss on investment in ADA sold to pay expenses

-

(28

)

Net realized loss on investment in ADA sold for redemption of Shares

-

(1,764

)

ADA balance at March 31, 2026

-

-