v3.26.1
Significant Accounting Policies (Tables)
 4 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
The following table presents information about the Trust’s assets measured at fair value:

The following table presents information about the Trust’s assets measured at fair value:

 

   Level 1   Level 2   Level 3   Total 
June 30, 2026 (Unaudited)                    
   Assets                    
      Investment in SUI  $20,408,361   $—   $—   $20,408,361 
The following table summarizes activity in SUI for the period from February 17, 2026 (initial share purchase date) through June 30, 2026:

The following table summarizes activity in SUI for the period from February 17, 2026 (initial share purchase date) through June 30, 2026:

 

   SUI   Fair Value 
Beginning balance as of February 17, 2026   —   $— 
SUI purchased   3,370,844    2,824,839 
SUI earned from staking   147,061    134,887 
SUI sold for the redemption of Shares   —    — 
SUI contributed in-kind for the creation of Shares   25,898,730    25,000,000 
SUI distributed in-kind for the redemption of Shares   —    — 
SUI transferred to pay the Sponsor fee   (57,840)   (55,963)
Net change in unrealized appreciation (depreciation) in SUI   —    (7,491,763)
Net realized gain (loss) on investment in SUI transferred to pay Sponsor fee   —    (3,909)
Net realized gain (loss) on investment in SUI sold for redemptions   —    — 
Ending balance as of June 30, 2026 (Unaudited)   29,358,795   $20,408,361