Three Months Ended March 31,

2026

2025

Per Share Activity

Net Asset Value, beginning of period

$

29.64

$

33.34

Net investment income (loss) (1)

(0.01

)

(0.02

)

Net realized and change in unrealized gain (loss)

(8.68

)

(14.98

)

Net increase (decrease) in net assets resulting from operations

(8.69

)

(15.00

)

Net Asset Value, end of period

20.95

18.34

Market Value per Share, beginning of period

29.61

33.41

Market Value per Share, end of period

$

20.88

$

18.25

Total Return, at Net Asset Value (2)

(29.31

)%

(44.99

)%

Total Return, at Market Value (2)

(29.48

)%

(45.38

)%

Ratios to Average Net Assets

Net investment income (loss) (3)

(0.24

)%

(0.23

)%

Expenses (3)

0.24

 %

0.23

 %