Fair Value of Horizen (Tables)

9 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Investment Holdings, Schedule of Investments

The following represents the changes in quantity of ZEN and the respective fair value:

(Amounts in thousands, except Horizen amounts)	Horizen			Fair Value
Balance at October 1, 2020		441,290.85330434		$	2,502
ZEN contributed		188,580.88160629			4,318
ZEN distributed for Sponsor's Fee, related party		(14,286.47012092	)		(816	)
Net change in unrealized appreciation on investment in ZEN		-			36,229
Net realized gain on investment in ZEN		-			568
Balance at September 30, 2021		615,585.26478971		$	42,801
ZEN contributed, including repayment of ZEN receivable, related party		16,375.40469036			1,139
ZEN distributed for Sponsor's Fee, related party		(11,707.40244546	)		(600	)
Net change in unrealized depreciation on investment in ZEN		-			(35,842	)
Net realized gain on investment in ZEN		-			361
Balance at June 30, 2022		620,253.26703461		$	7,859