(Amounts in thousands, except HYPE amounts)

Quantity

Fair Value

Balance at June 3, 2026 (the Commencement of the Trust's Operations)

7,070.13574661

$

500

HYPE contributed

1,934,041.80771009

122,946

HYPE redeemed

-

-

Staking reward income

456.23409406

30

HYPE distributed for Sponsor’s Fee, related party

(97.61976679

)

(7

)

HYPE distributed for Sponsor’s Staking Fee, related party

(75.49666731

)

(6

)

Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in HYPE

-

-

Net change in unrealized appreciation/depreciation on investment in HYPE

-

3,639

   Net realized gain (loss) on investment in HYPE sold to pay Sponsor's Fee

-

-

   Net realized gain (loss) on investment in HYPE sold for redemption of Shares

-

-

Balance at June 30, 2026

1,941,395.06111666

$

127,102