v3.26.1
Fair Value of Dogecoin (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Changes in Quantity of Dogecoin and Fair Value

The following represents the changes in quantity of Dogecoin and the respective fair value for the three-month period ended March 31, 2026:

 

 

 

Quantity of Dogecoin

 

 

Fair Value

 

Beginning balance as of December 31, 2025

 

 

9,857,901.6165

 

 

$

1,152,882

 

Purchases

 

 

 

 

 

 

Sales for the redemption of Shares

 

 

(3,285,151.9600

)

 

 

(406,971

)

Transfer of Dogecoin to pay for Sponsor Fee

 

 

(5,280.0078

)

 

 

(573

)

Net realized gain (loss) on investment in Dogecoin transferred to pay Sponsor Fee

 

 

 

 

 

(231

)

Net realized gain (loss) on investment in Dogecoin sold for redemptions

 

 

 

 

 

(93,255

)

Change in unrealized appreciation (depreciation) on investment in Dogecoin

 

 

 

 

 

(47,382

)

Ending balance as of March 31, 2026

 

 

6,567,469.6487

 

 

$

604,470

 

The following represents the changes in quantity of Dogecoin and the respective fair value for the period from November 25, 2025 to December 31, 2025:

 

 

Quantity of Dogecoin

 

 

Fair Value

 

Beginning balance as of November 25, 2025 (commencement of operations)

 

0.0000

 

 

$

 

Purchases

 

 

16,429,836.0565

 

 

 

2,501,750

 

Sales for the redemption of Shares

 

 

(6,571,934.4400

)

 

 

(972,354

)

Net realized gain (loss) on investment in Dogecoin sold for redemptions

 

 

 

 

 

(28,346

)

Change in unrealized appreciation (depreciation) on investment in Dogecoin

 

 

 

 

 

(348,168

)

Ending balance as of December 31, 2025

 

 

9,857,901.6165

 

 

$

1,152,882