STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Investment income:
Investment income	$ 0	$ 0	$ 0	$ 0
Expenses:
Sponsor's Fee, related party	130	195	260	450
Net investment loss	(130)	(195)	(260)	(450)
Net realized and unrealized gain (loss) from:
Net realized (loss) gain on investment in XLM	(16)	50	(28)	159
Net change in unrealized appreciation/depreciation on investment in XLM	2,089	(2,639)	(1,490)	(10,563)
Net realized and unrealized gain (loss) on investment	2,073	(2,589)	(1,518)	(10,404)
Net increase (decrease) in net assets resulting from operations	$ 1,943	$ (2,784)	$ (1,778)	$ (10,854)

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