Financial Highlights Per Share Performance

6 Months Ended

Dec. 31, 2024

Investment Company, Financial Highlights [Abstract]

Financial Highlights Per Share Performance

9. Financial Highlights Per Share Performance

	Three Months Ended December 31,						Six Months Ended December 31,
	2024			2023			2024			2023
Per Share Data:
Principal market net asset value, beginning of period	$	31.93		$	15.14		$	33.21		$	17.18
Net increase in net assets from investment operations:
Net investment loss		(0.26	)		(0.12	)		(0.46	)		(0.22	)
Net realized and unrealized gain		14.85			8.54			13.77			6.60
Net increase in net assets resulting from operations		14.59			8.42			13.31			6.38
Principal market net asset value, end of period	$	46.52		$	23.56		$	46.52		$	23.56
Total return		45.69	%		55.61	%		40.08	%		37.14	%
Ratios to average net assets:
Net investment loss		-2.50	%		-2.50	%		-2.50	%		-2.50	%
Expenses		-2.50	%		-2.50	%		-2.50	%		-2.50	%

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 LLC 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.