Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of
Proceeds.
(a)
Not applicable.
(b)
Not applicable.
(c)
In connection with redemptions of baskets held by an Authorized Participant, the Trust redeemed 2,284 baskets (comprising 11,420,000 Shares) during the three months ended March 31, 2025, at an average price per Share of $25.10. The following table provides information about the Trust’s redemptions by Authorized Participants during the three months ended March 31, 2025:
Calendar Month
Number
of Shares
Redeemed
Average
Price
Paid per
Share
January 2025
625,000
$
26.71
February 2025
5,705,000
25.50
March 2025
5,090,000
24.47
Total
11,420,000
$
25.10
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not Applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.