Note 8. Financial Highlights(a)
The financial highlights
summarize certain per share operating information and financial ratios of net investment loss and expenses, to average daily net assets
for the period from April 22, 2026 to June 30, 2026. An individual investor’s return and ratios may vary based on the timing of capital
transactions:
| | |
For the Period
April 22, 2026 to
June 30, 2026 | |
| Net asset value per share, beginning of period | |
$ | 25.00 | |
| | |
| | |
| From investment operations: | |
| | |
| Net investment loss(b) | |
| (0.01) | |
| Net realized gain (loss) and change in unrealized appreciation
(depreciation) from investments in BNB(c) | |
| (3.58) | |
| Net decrease resulting from operations | |
| (3.59) | |
| | |
| | |
| Net asset value per share, end of period | |
$ | 21.41 | |
| | |
| | |
| Total return(d) | |
| (14.36)% | |
| | |
| | |
| Ratios to average net assets | |
| | |
| Expense | |
| 0.39% | (e)(f) |
| Net investment loss | |
| (0.39)% | (e)(f) |
| | | | (a) | No prior year comparative financial statements have been provided as the Trust did not have any operations as of June 30, 2025. | | (b) | Net investment loss per share has been calculated based upon an average of daily shares outstanding. | | (c) | The amount shown for a share outstanding throughout the period may not agree with the change in the aggregate gains and losses for the period because of the timing of sales and repurchases of the Trust’s shares in relation to fluctuating market values for the Trust. | | (d) | Returns are not annualized and include adjustments required by GAAP. Returns for financial statements purposes may differ from net asset values and performance reported elsewhere by the Trust. | | (e) | Annualized. | | (f) | Calculated based upon average daily net assets from May 28, 2026 (date of effectiveness) to June 30, 2026. |
|