(Amounts in thousands, except ETC amounts)

Quantity

Fair Value

Balance at December 31, 2022

11,841,144.97143656

$

187,327

ETC contributed

-

-

ETC distributed for Sponsor’s Fee, related party

(292,368.79913656

)

(5,476

)

Net change in unrealized appreciation on investment in ETC

-

68,838

Net realized gain on investment in ETC

-

3,269

Balance at December 31, 2023

11,548,776.17230000

$

253,958

ETC contributed

-

-

ETC distributed for Sponsor’s Fee, related party

(142,686.96650283

)

(3,964

)

Net change in unrealized appreciation on investment in ETC

-

15,847

Net realized gain on investment in ETC

-

2,886

Balance at June 30, 2024

11,406,089.20579717

$

268,727