XML 39 R23.htm IDEA: XBRL DOCUMENT
v3.26.1

FINANCIAL HIGHLIGHTS | 12 Months Ended
--- | ---
Dec. 31, 2025
Investment Company [Abstract] |
FINANCIAL HIGHLIGHTS |
| 11. | FINANCIAL HIGHLIGHTS
The Trust is presenting the following NAV and financial highlights related to investment performance for a Share outstanding for the years ended December 31, 2025 and 2024. An individual investor’s return and ratios may vary based on the timing of capital transactions. Selected data for a share of beneficial interest outstanding throughout each period is presented below:
Schedule of financial highlight |  |  |  |  |  |  |  |
|  | For the Year Ended December 31, 2025 |  |  | For the Year Ended December 31, 2024 |
Net asset value, beginning of period |  | $ | 99.04 |  |  | $ | 50.00 |
Investment operations: |  |  |  |  |  |  |  |
Net investment loss |  |  | (0.27 | ) |  |  | (0.15 | )
Net realized and unrealized gain (loss) |  |  | (6.26 | ) |  |  | 49.19 |
Total from investment operations |  |  | (6.53 | ) |  |  | 49.04 |
Net asset value, end of period |  | $ | 92.51 |  |  | $ | 99.04 |
TOTAL RETURN1 |  |  | (6.59 | )% |  |  | 98.08 | %
RATIOS/SUPPLEMENTAL DATA: |  |  |  |  |  |  |  |
Net assets, end of period (000’s omitted) |  | $ | 139,687 |  |  | $ | 360,517 |
Ratios to average net assets of: |  |  |  |  |  |  |  |
Expenses, net of expense waivers |  |  | 0.25 | % |  |  | 0.20 | %2
Expenses, prior to expense waivers |  |  | 0.25 | % |  |  | 0.25 | %2
Net investment loss |  |  | (0.25 | )% |  |  | (0.20 | )%2
| 1 | Total return calculated for a period of less than one year is not annualized. For the period in which the Sponsor waived its fee, the total return would have been lower if such fee had not been waived (Note 3).
| 2 | Annualized.

X
- References No definition available. + Details
Name: | us-gaap_InvestmentCompanyAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of financial highlights reported by investment company. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480990/946-20-50-7 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-24 + Details
Name: | us-gaap_InvestmentCompanyFinancialHighlightsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration