v3.26.1
STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED)
$ in Thousands
 1 Months Ended
Jun. 30, 2026
USD ($)
shares
Decrease in net assets from operations:  
Net investment income $ 17 [1]
Net realized gain (loss) on investment in HYPE sold to pay Sponsor's Fee 0 [1]
Net realized gain (loss) on investment in HYPE sold for redemption of Shares 0 [1]
Net change in unrealized appreciation/depreciation on investment in HYPE 3,639 [1]
Net increase in net assets resulting from operations 3,656 [1]
Increase (decrease) in net assets from capital share transactions:  
Shares issued 122,946 [1]
Shares redeemed 0 [1]
Net (decrease) increase in net assets resulting from capital share transactions 122,946 [1]
Total decrease in net assets from operations and capital share transactions 126,602 [1]
Net assets:  
Beginning of period 500 [1]
End of period $ 127,102 [2]
Change in Shares outstanding:  
Shares, Outstanding, Beginning Balance | shares 20,000 [1]
Shares issued | shares 5,470,000 [1]
Shares redeemed | shares 0 [1]
Net increase in Shares | shares 5,470,000 [1]
Shares, Outstanding, Ending Balance | shares 5,490,000 [1]
[1] No comparative financial statements have been provided as the Trust’s operations commenced on June 3, 2026.
[2] No comparative financial statements have been provided as the Trust’s operations commenced on June 3, 2026.