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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Stockholders' Equity [Abstract]        
Opening balance $ 231,262 $ 332,771 $ 295,491 $ 357,971
Opening balance (in shares) 2,000,000 1,900,000 1,800,000 1,950,000
Net investment loss $ (356) $ (538) $ (1,158) $ (1,761)
Realized (loss) / gain on investment in palladium (3,034) 569 (11,116) 5,471
Change in unrealized (loss)/gain on investment in palladium 9,482 54,891 (72,623) 6,007
Creations $ 59,238 $ 112,111
Creations (in shares) 425,000 425,000
Redemptions $ (5,931) $ (28,815) $ (38,409) $ (120,921)
Redemptions (in shares) (50,000) (150,000) (275,000) (625,000)
Closing balance $ 231,423 $ 358,878 $ 231,423 $ 358,878
Closing balance (in shares) 1,950,000 1,750,000 1,950,000 1,750,000