XML 22 R12.htm IDEA: XBRL DOCUMENT v3.25.3
Euro Deposits
9 Months Ended
Sep. 30, 2025
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 September 30, 2025 was an annual nominal rate of 1.10%. For the nine months ended September 30, 2025, there were euro principal deposits of 438,249,576 and euro principal redemptions of 170,686,675 resulting in an ending euro principal balance of 429,021,461. This equates to 504,104,617 USD. For the year ended December 31, 2024, there were euro principal deposits of 73,810,979, 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.

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.