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 278 baskets (comprising 1,390,000 Shares) during the three months ended June 30, 2025, at an average price per Share of $27.96. The following table provides information about BRRR’s redemptions by Authorized Participants during the three months ended June 30, 2025:
Calendar Month
Number
of Shares
Redeemed
Average
Price
Paid per
Share
April 2025
320,000
$ 22.05
May 2025
1,070,000
29.73
June 2025
—
—
Total
1,390,000
$ 27.96
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.