v3.26.3
Statement of Operations
 2 Months Ended
Jun. 30, 2026
USD ($)
 [1],[2]
Expenses  
Sponsor fee, related party $ 712
Total expenses 712
Net investment loss (712)
Net realized gain (loss) on:  
BNB sold for redemption of shares 0
BNB distributed for Sponsor fee, related party 0
Net realized gain (loss) from investment in BNB 0 [3]
Net change in unrealized appreciation (depreciation) from investment in BNB (308,925) [3]
Net realized gain (loss) and net change in unrealized appreciation (depreciation) (308,925)
Net decrease in net assets resulting from operations $ (309,637) [3]
[1] On November 14, 2025, Van Eck Associates Corporation (the “Seed Capital Investor”) purchased the “Seed Shares” comprising of 4,000 Shares at a per-Share price of $25.00. Delivery of the Seed Shares was made on November 14, 2025. Total proceeds to the Trust from the sale of the Seed Shares were $100,000. The last period audited was April 22, 2026. The Trust did not have any operations from November 14, 2025 to April 22, 2026.
[2] No comparative financial statements have been provided as the Trust did not have any operations as of June 30, 2025.
[3] No comparative financial statements have been provided as the Trust did not have any operations as of June 30, 2025. On November 14, 2025, Van Eck Associates Corporation (the “Seed Capital Investor”) purchased the “Seed Shares” comprising of 4,000 Shares at a per-Share price of $25.00. Delivery of the Seed Shares was made on November 14, 2025. Total proceeds to the Trust from the sale of the Seed Shares were $100,000. The last period audited was April 22, 2026. The Trust did not have any operations from November 14, 2025 to April 22, 2026.