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Statements of Changes in Net Assets (Unaudited) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Statement of Stockholders' Equity [Abstract] |  |  |
Opening balance (in shares) | 2,100,000 | 1,800,000 | 1,950,000
Opening balance | $ 219,309 | $ 295,491 | $ 357,971
Net investment loss | (1,738) | (1,464) | (2,227)
Realized gain (loss) on investment in palladium | (66,556) | (11,325) | 4,044
Change in unrealized gain (loss) on investment in palladium | $ 648 | $ (98,593) | $ (62,298)
Creations (in shares) | 4,037,500 | 575,000 | 625,000
Creations | $ 372,697 | $ 73,610 | $ 145,623
Redemptions (in shares) | (1,875,000) | (275,000) | (775,000)
Redemptions | $ (170,302) | $ (38,410) | $ (147,622)
Closing balance (in Shares) | 4,262,500 | 2,100,000 | 1,800,000
Closing balance | $ 354,058 | $ 219,309 | $ 295,491

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