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Euro Deposits
12 Months Ended
Dec. 31, 2024
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 December 31, 2024 was an annual nominal rate of 1.90%. For the year ended December 31, 2024, there were euro principal deposits of 73,810,979 and euro principal redemptions of 110,717,094 resulting in an ending euro principal balance of 161,458,560. This equates to 167,191,705 USD. For the year ended December 31, 2023, there were euro principal deposits of 143,008,612, euro principal redemptions of 212,205,189 resulting in an ending euro principal balance of 198,366,488. This equates to 219,126,536 USD (which includes USD subscriptions receivable).

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.