Note 8 - Financial Highlights

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Financial Highlights [Text Block]

8 - Financial Highlights

The following financial highlights relate to investment performance and operations for a Share outstanding for the period ended  December 31, 2024.

	December 31,
	2024
Net asset value per Share, beginning of period	$	25.00
Net investment loss(a)		(0.02	)
Net realized and unrealized gain(b)		0.26
Net increase in net assets from operations		0.24
Net asset value per Share, end of period	$	25.24
Total return, at net asset value(c)(d)(e)(f)		(4.82	)%
Ratio to average net assets:
Net investment loss(g)		(0.13	)%
Expenses(g)		0.25	%
Total expenses after fees waived(g)		0.13	%

(a)	Based on average Shares outstanding during the period.
(b)	The amounts reported for a Share outstanding may not accord with the change in aggregate gains and losses on investment for the period due to the timing of Share transactions in relation to the fluctuating fair values of the Trust’s underlying investment.
(c)	Based on the change in net asset value of a Share during the period.
(d)	Percentage is not annualized.
(e)	For the period July 22, 2024 (Effective Date) to December 31, 2024.
(f)	For the period May 21, 2024 to December 31, 2024, the Trust’s total return was 0.96%.
(g)	Percentage is annualized.