Financial Highlights Per Share Performance

5 Months Ended

Dec. 31, 2024

Investment Company, Financial Highlights [Abstract]

Financial Highlights Per Share Performance

10. Financial Highlights Per Share Performance


	July 31, 2024 (the Commencement of the Trust’s Operations) to December 31, 2024(1)
Per Share Data:
Principal market net asset value, initial creation	$	28.92
Net increase in net assets from investment operations:
Net investment loss		(0.02	)
Net realized and unrealized gain		12.49
Net increase in net assets resulting from operations		12.47
Principal market net asset value, end of period	$	41.39
Total return		43.12	%
Ratios to average net assets:
Net investment loss		-0.15	%
Expenses		-0.15	%

(1)

Per Share amounts have been retroactively adjusted to reflect the 1-for-5 Reverse Share Split of the Trust’s issued and outstanding Shares completed on November 19, 2024.

Ratios of net investment loss and expenses to average net assets have been annualized.

An individual shareholder’s return, ratios, and per Share performance may vary from those presented above based on the timing of Share transactions. The amount shown for a Share outstanding throughout the period may not correlate with the Statement of Operations for the period due to the number of Shares issued in Creations occurring at an operational value derived from an operating metric as defined in the Trust Agreement.

Total return is calculated assuming an initial investment made at the Principal Market NAV at the beginning of the period and assuming redemption on the last day of the period.