Related Parties

9 Months Ended

Jun. 30, 2026

Related Parties [Abstract]

Related Parties

6. Related Parties

The Sponsor is a related party to the Trust. The Trust’s operations are supported by its Sponsor, who is in turn supported by its parent company and affiliated companies and external service providers.

As of September 30, 2025, the Sponsor owned two Shares of the Trust. On October 15, 2025, the Sponsor redeemed the two Shares for $100.

On January 21, 2026, 21Shares US LLC, in its capacity as Seed Capital Investor, purchased the Seed Creation Baskets comprising 60,000 Shares at a price of $25.66 per Share. As of June 30, 2026, the Sponsor owned 60,000 Shares of the Trust.

The Sponsor arranged for the creation of the Trust and is responsible for the ongoing registration of the Shares for their public offering in the United States and the listing of Shares on the Exchange.