v3.26.1
Financial Highlights
 12 Months Ended
Mar. 31, 2026
Financial Highlights [Abstract]  
Financial Highlights
  7. Financial Highlights

 

Per Share Performance (for a Share outstanding throughout the period presented)

 

    Year ended
March 31,
2026		     January 3,
2025
(Commencement
of Operations)
through
March 31,
2025		  
             
Net asset value per Share, beginning of period   $ 46.85     $ 87.72 (1)
Net investment income (loss)(2)     1.50       0.72  
Net change in realized and unrealized gain (loss)(3)     (33.05 )     (41.59 )
Net change in net assets from operations     (31.55 )     (40.87 )
Net asset value per Share, end of period   $ 15.30     $ 46.85  
                 
Total return, at net asset value(4)(6)     (67.34 )%     (46.60 )%
                 
Ratio to average net assets(5)                
Gross expenses     2.47 %     3.18 %
Net expenses     2.47 %     3.15 %
Net investment income     4.16 %     5.06 %

 

(1) Represents the NAV per Share on January 3, 2025, commencement of operations. On March 4, 2026, the Share Split occurred. Historical Shares outstanding and NAV per share have been adjusted to reflect the Share Split on a retroactive basis.
(2) Calculated using average Shares outstanding.
(3) The amount shown for a Share outstanding throughout the period may not agree with the change in the aggregate gains and losses for the period because of the timing of sales and repurchases of the Trust’s shares in relation to fluctuating market values for the Trust.
(4) Total return is calculated based on the change in value during the period and is not annualized. An individual shareholder’s return and ratios may vary from the above total returns and ratios based on the timing of capital contributions to and withdrawals from the Trust.
(5) Annualized.
(6) Not Annualized.