10.
Financial Highlights
The
Trust is presenting the following financial highlights related to investment performance and operations of a Share outstanding
for the three and nine months ended September 30, 2026 and 2025, respectively. The total return at NAV is based on the change
in NAV of a Share during the period and the total return at market value is based on the change in market value of a Share on
the Nasdaq Stock Market, LLC during the period. An individual investor’s return and ratios may vary based on the timing
of capital transactions.
Financial
Highlights (Unaudited)
For
the three and nine months ended September 30, 2026 and 2025:
| | |
Three months ended
September 30, 2026
(unaudited) | | |
Three months ended
September 30, 2025 (unaudited) | | |
Nine months ended
September 30, 2026
(unaudited) | | |
Nine months ended
September 30, 2025 (unaudited) | |
| Net Asset Value | |
| | | |
| | | |
| | | |
| | |
| Net Asset Value per Share, beginning of period | |
$ | 16.46 | | |
$ | 30.22 | | |
$ | 24.74 | | |
$ | 26.43 | |
| Net investment income (loss) | |
| (0.01 | ) | |
| (0.02 | ) | |
| (0.04 | ) | |
| (0.05 | ) |
| Net realized and change in unrealized Gain (loss) | |
| 7.14 | | |
| 2.11 | | |
| (1.11 | ) | |
| 5.93 | |
| Net income (loss) | |
| 7.13 | | |
| 2.09 | | |
| (1.15 | ) | |
| 5.88 | |
| Net asset value per Share, end of period | |
$ | 23.59 | | |
$ | 32.31 | | |
$ | 23.59 | | |
$ | 32.31 | |
| Market Value per Share, beginning of period | |
$ | 16.55 | | |
$ | 30.47 | | |
$ | 24.73 | | |
$ | 26.45 | |
| Market Value per Share, end of period | |
$ | 23.54 | | |
$ | 32.33 | | |
$ | 23.54 | | |
$ | 32.33 | |
| Ratio to average net assets | |
| | | |
| | | |
| | | |
| | |
| Net investment income (loss)(1) | |
| (0.25 | )% | |
| (0.25 | )% | |
| (0.25 | )% | |
| (0.25 | )% |
| Gross expenses(1) | |
| 0.25 | % | |
| 0.25 | % | |
| 0.25 | % | |
| 0.25 | % |
| Net expenses(1) | |
| 0.25 | % | |
| 0.25 | % | |
| 0.25 | % | |
| 0.25 | % |
| Total return, at net asset value(2) | |
| 43.32 | % | |
| 6.92 | % | |
| (4.65 | )% | |
| 22.25 | % |
| Total return, at market value(2) | |
| 42.24 | % | |
| 6.10 | % | |
| (4.81 | )% | |
| 22.23 | % |
|