v3.26.1
Financial Highlights Per Share Performance
1 Months Ended
Jun. 30, 2026
Investment Company, Financial Highlights [Abstract]  
Financial Highlights Per Share Performance

8. Financial Highlights Per Share Performance

 

June 3, 2026 (the Commencement of the Trust's Operations) to June 30, 2026(1)

 

Per Share Data:

 

 

Principal Market NAV, initial creation(2)

$

25.00

 

Net decrease in net assets from investment operations:

 

 

Net investment income

 

0.01

 

Net realized and unrealized loss

 

(1.86

)

Net decrease in net assets resulting from operations

 

(1.85

)

Principal Market NAV, end of period

$

23.15

 

Total return(3)

 

-7.40

%

Ratios to average net assets:

 

 

Net investment income

 

0.77

%

Sponsor's Fee

 

-0.28

%

Sponsor's Staking Fee

 

-0.28

%

Net expenses

 

-0.56

%

 

(1)
No comparative financial statements have been provided as the Trust’s operations commenced on June 3, 2026.
(2)
Represents the Seed Baskets.
(3)
Total return represents the change from the Principal Market NAV per Share of the Seed Baskets to the period end Principal Market NAV per share. The weighted average NAV per Share of non-seed creations during the period was $22.48, which would represent a total return of 2.98%.

Ratios of net investment income (loss) and expenses to average net assets have been annualized.

An individual shareholder’s return, ratios, and per Share performance may vary from those presented above based on the timing of Share transactions. The amount shown for a Share outstanding throughout the period may not correlate with the Statement of Operations for the period due to the number of Shares issued in Creations occurring at an operational value derived from an operating metric as defined in the Trust Agreement.

Total return is calculated assuming an initial investment made at the Principal Market NAV at the beginning of the period and assuming redemption on the last day of the period.