(Amounts in thousands, except ETC amounts)

Quantity

Fair Value

Balance at December 31, 2024

11,263,626.25503150

283,055

ETC contributed

-

-

ETC distributed for expenses

(208,664.57666045

)

(4,130

)

Net realized gain

-

2,554

Net change in unrealized appreciation/depreciation

-

(78,289

)

Balance at September 30, 2025

11,054,961.67837105

$

203,190

(Amounts in thousands, except ETC amounts)

Quantity

Fair Value

Balance at December 31, 2025

10,985,516.92607291

$

126,004

ETC contributed

-

-

ETC distributed for expenses

(203,512.45565786

)

(1,714

)

Net realized gain

-

177

Net change in unrealized appreciation/depreciation

-

(29,521

)

Balance at September 30, 2026

10,782,004.47041505

$

94,946