Creations and Redemptions of Shares (Tables) |
1 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Activity in Value of Shares Issued and Redeemed |
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| Summary of Receivable and Payable of Related Party | HYPE receivable represents the value of HYPE covered by contractually binding orders for the creation of Shares where the HYPE has not yet been transferred to the Trust’s account. Generally, ownership of the HYPE is transferred within no more than two business days of the trade date.
HYPE payable represents the value of HYPE covered by contractually binding orders for the redemption of Shares where the HYPE has not yet been transferred out of the Trust’s account. Generally, ownership of the HYPE is transferred within no more than two business days of the trade date.
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