| 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 HBAR | |
$ | 46,157,486 | | |
$ | — | | |
$ | — | | |
$ | 46,157,486 | |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2025 | |
| | | |
| | | |
| | | |
| | |
| Assets | |
| | | |
| | | |
| | | |
| | |
| Investment in HBAR | |
$ | 50,616,211 | | |
$ | — | | |
$ | — | | |
$ | 50,616,211 | |
|
| The following tables summarize activity in HBAR for the six months ended June 30, 2026 and for the period from October 27, 2025 (initial share purchase date) to December 31, 2025: |
The following tables summarize
activity in HBAR for the six months ended June 30, 2026 and for the period from October 27, 2025 (initial share purchase date) to December
31, 2025:
| | |
HBAR | | |
Fair Value | |
| Beginning balance as of January 1, 2026 | |
| 473,456,805 | | |
$ | 50,616,211 | |
| HBAR purchased | |
| 66,862,414 | | |
| 6,626,843 | |
| HBAR sold for the redemption of Shares | |
| — | | |
| — | |
| HBAR contributed in-kind for the creation of Shares | |
| 125,515,027 | | |
| 11,800,763 | |
| HBAR distributed in-kind for the redemption of Shares | |
| — | | |
| — | |
| HBAR transferred to pay the Sponsor fee | |
| ) | |
| ) |
| Net change in unrealized appreciation (depreciation) in HBAR | |
| — | | |
| (22,391,501 | ) |
| Net realized gain (loss) on investment in HBAR transferred to pay Sponsor fee | |
| — | | |
| (234,037 | ) |
| Net realized gain (loss) on investment in HBAR sold for redemptions | |
| — | | |
| — | |
| Ending balance as of June 30, 2026 (Unaudited) | |
| 663,209,584 | | |
$ | 46,157,486 | |
| | |
HBAR | | |
Fair Value | |
| Beginning balance as of October 27, 2025 | |
| — | | |
$ | — | |
| HBAR purchased | |
| 115,036,066 | | |
| 18,666,952 | |
| HBAR contributed in-kind for the creation of Shares | |
| 358,760,676 | | |
| 69,409,913 | |
| HBAR distributed in-kind for the redemption of Shares | |
| — | | |
| — | |
| HBAR transferred to pay the Sponsor fee | |
| ) | |
| ) |
| Net change in unrealized appreciation (depreciation) in HBAR | |
| — | | |
| (37,359,482 | ) |
| Net realized gain (loss) on investment in HBAR transferred to pay Sponsor fee | |
| — | | |
| (44,365 | ) |
| Ending balance as of December 31, 2025 | |
| 473,456,805 | | |
$ | 50,616,211 | |
|