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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 2,150,000 1,650,000 1,950,000 1,625,000
Opening balance $ 451,229 $ 404,827 $ 357,971 $ 356,238
Net investment loss (629) (679) (1,223) (1,241)
Realized gain on investment in palladium 530 3,466 4,901 13,175
Change in unrealized (loss)/gain on investment in palladium (70,791) 8,862 (48,883) 43,594
Change in unrealized (loss) / gain on unsettled creations or redemptions $ (1,061) $ 159 $ 159
Creations (in shares) 375,000 425,000 500,000
Creations $ 95,640 $ 112,111 $ 124,164
Redemptions (in shares) (250,000) (25,000) (475,000) (125,000)
Redemptions $ (46,507) $ (7,006) $ (92,106) $ (30,820)
Closing balance (in shares) 1,900,000 2,000,000 1,900,000 2,000,000
Closing balance $ 332,771 $ 505,269 $ 332,771 $ 505,269