XML 36 R25.htm IDEA: XBRL DOCUMENT v3.25.3
Financial Highlights (Tables)
 9 Months Ended
Sep. 30, 2025
Investment Company [Abstract]  
For the three and nine months ended September 30, 2025, the three months ended September 30, 2024 and the period January 10, 2024 through September 30, 2024:

For the three and nine months ended September 30, 2025, the three months ended September 30, 2024 and the period January 10, 2024 through September 30, 2024:

 

   Three Months Ended
September 30, 2025
(unaudited)		   Three Months Ended
September 30, 2024 (unaudited)		   Nine Months Ended
September 30, 2025 (unaudited)		   Period Ended
September 30, 2024 (unaudited)		 
Net Asset Value                    
Net Asset Value per Share, beginning of period  $30.22   $17.54   $26.43   $13.00 
Net investment income (loss)   (0.02)   (0.01)   (0.05)   (0.03)
Net realized and change in unrealized Gain (loss)   2.11    0.43    5.93    4.99 
Net income (loss)   2.09    0.42    5.88    4.96 
Net asset value per Share, end of period  $32.31   $17.96   $32.31   $17.96 
Market Value per Share, beginning of period  $30.47   $16.99   $26.45   $13.00 
Market Value per Share, end of period  $32.33   $17.98   $32.33   $17.98 
Ratio to average net assets                    
Net investment income (loss)(1)   (0.25)%   (0.25)%   (0.25)%   (0.20)%
Gross expenses(1)   0.25%   0.25%   0.25%   0.25%
Net expenses(1)(3)   0.25%   0.25%   0.25%   0.20%
Total return, at net asset value(2)   6.92%   2.39%   22.25%   38.15%
Total return, at market value(2)   6.10%   5.83%   22.23%   38.31%

(1)Annualized
(2)Not annualized
(3)Includes voluntary reimbursement of sponsor fees of 0.05% for the period ended September 30, 2024