v3.26.3
Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2025
 [1]
Sep. 30, 2026
INVESTMENT INCOME        
Interest income $ 0 $ 6 $ 6 $ 0
Staking income [2] 145,585 0 0 145,585
Total Income 145,585 6 6 145,585
Expenses:        
Management fees 206,752 180,309 338,372 416,532
Other 0 0 50 0
Total Expenses 206,752 180,309 338,422 416,532
Less waiver 0 (90,154) (169,186) (66,287)
Net Expenses 206,752 90,155 169,236 350,245
Net Investment Loss (61,167) (90,149) (169,230) [3] (204,660)
REALIZED AND CHANGE IN UNREALIZED GAIN (LOSS)        
Net realized gain (loss) (4,773,659) 1,373,408 1,174,819 [3] (5,364,731)
Net change in unrealized appreciation (depreciation) 130,239,069 15,176,119 39,379,139 [3] 77,526,996
Net realized and change in unrealized gain (loss) 125,465,410 16,549,527 40,553,958 72,162,265
Net increase (decrease) in net assets resulting from operations $ 125,404,243 $ 16,459,378 $ 40,384,728 [3] $ 71,957,605
[1] Commencement of operations. No operations occurred prior to this date.
[2] Of the staking income of $145,585 for the three and nine months ended September 30, 2026, $141,364 was allocated to the Sponsor Share in accordance with the Trust Agreement. See Note 6.
[3] Commencement of operations. No operations occurred prior to this date. See Note 6 for information regarding the initial seed Share creation and redemption.