The following presents the financial highlights for the period July 16, 2026 (commencement of operations) through September 30, 2026. Prior to July 16, 2026, the Trust had no operations other than activities related to the issuance of initial seed shares and operational seed shares; accordingly, no financial highlights are included for the period from April 1, 2026 (initial seed date) to July 15, 2026.


	For the period July 16, 2026 (commencement of operations) through September 30,
	2026
Per share data:
Net asset value, beginning of period	$	25.00
Investment activities
Net investment income (loss)(1)(3)		(0.04	)
Net realized and unrealized gain (loss)		8.49
Total from investment activities		8.45
Net asset value, end of period(2)	$	33.45

Total Return (2)(3)(4)		33.8	%
Ratios to average net assets: (3)
Net investment loss(5)		(0.73	)%
Gross expenses before waiver by Sponsor(5)		0.90	%
Net expenses after waiver by Sponsor(5)		0.75	%

(1)

Per share amounts calculated using average shares outstanding method.

(2)

Net asset value and Total return include adjustments made in accordance with GAAP for financial reporting purposes and may differ from the net asset value and total returns for shareholder transactions.

(3)

Includes the impact of expense-related arrangements with Sponsor.

(4)

Total return reflects the rate that an investor would have earned on an investment in the Trust during the period, assuming reinvestment of all distributions, and payment of no redemption or account fees, if applicable. Total return is not annualized for periods less than one year.

(5)

Annualized