| Fair Value of DOT |
The following represents the changes in quantity of DOT and the respective fair value for the year ended March 31, 2026: | | | Quantity
of DOT | | | Fair Value | | | Beginning balance as of April 1, 2025 | | | 6,954,886.0000 | | | $ | 28,283,575 | | | DOT purchased for contributions | | | 601,711.7068 | | | | 914,280 | | | DOT rewards received (net of Staking Provider Consideration) | | | 498,238.3218 | | | | 1,441,809 | | | DOT sold for redemptions | | | – | | | | – | | | DOT sold to pay expenses | | | (155,520.5920 | ) | | | (491,420 | ) | | Net realized gain (loss) on investment in DOT sold to pay Sponsor fee | | | – | | | | (666,541 | ) | | Net change in unrealized depreciation on investment in DOT | | | – | | | | (19,465,371 | ) | | Ending balance as of March 31, 2026 | | | 7,899,315.4366 | | | $ | 10,016,332 | | The following represents the changes in quantity of DOT and the respective fair value for the period January 3, 2025 (Commencement of Operations) through March 31, 2025: | | | Quantity
of DOT | | | Fair Value | | | Beginning balance as of January 3, 2025 | | | – | | | $ | – | | | DOT received | | | 6,827,026.0000 | | | | 52,631,796 | | | DOT received from staking rewards (net of Staking Provider Consideration) | | | 138,148.8174 | | | | 716,839 | | | DOT sold to pay expenses | | | (10,288.8174 | ) | | | (53,100 | ) | | Change in unrealized depreciation on investment in DOT | | | – | | | | (25,011,960 | ) | | Ending balance as of March 31, 2025 | | | 6,954,886.0000 | | | $ | 28,283,575 | |
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