Three Months Ended
June 30,
2026
(unaudited)

Three Months Ended
June 30,
2025
(unaudited)

Six Months Ended
June 30,
2026
(unaudited)

Six Months Ended
June 30,
2025
(unaudited)

Per Share Operating Performance

Net asset value at beginning of period

$

76.84

$

93.62

$

99.15

$

106.00

Income (loss) from investment operations:⁽¹⁾

Net Investment income

(0.05

)

(0.07

)

(0.10

)

(0.21

)

Net realized and unrealized gain (loss) on investments and cryptocurrency futures contracts

(10.27

)

28.33

(32.53

)

16.09

Net increase (decrease) in net asset value

(10.32

)

28.26

(32.63

)

15.88

Net asset value at end of period

$

66.52

$

121.88

$

66.52

$

121.88

Total Return ⁽²⁾

(13.43

)%

30.19

%

(32.91

)%

14.98

%

Ratios to Average Net Assets (Annualized)

Total expenses

0.25

%

0.25

%

0.25

%

0.41

%

Total expenses, net

0.25

%

0.25

%

0.25

%

0.41

%

Net investment income (loss)

(0.23

)%

(0.24

)%

(0.23

)%

(0.40

)%