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Euro Deposits
 6 Months Ended
Jun. 30, 2022
Cash And Cash Equivalents [Abstract]  
Euro Deposits

Note 4 – Euro Deposits

Euro principal deposits are held in a euro-denominated, interest-bearing demand account. The interest rate in effect as of June 30, 2022 was an annual nominal rate of -0.65%. For the six months ended June 30, 2022, there were euro principal deposits of 236,330,265, euro principal redemptions of 213,156,412 and euro withdrawals (to pay expenses) of 1,003,034, resulting in an ending euro principal balance of 208,279,464. This equates to 217,744,832 USD (which includes USD subscriptions receivable and redemptions payable). For the year ended December 31, 2021, there were euro principal deposits of 154,383,268, euro principal redemptions of 233,628,410, and euro withdrawals (to pay expenses) of 2,525,944, resulting in an ending euro principal balance of 186,108,645. This equates to 211,643,424 USD.

Net interest, if any, associated with creation and redemption activity is held in a euro-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.