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 149 baskets (comprising 745,000
Shares) during the three months ended September 30, 2025, at an average price per Share of $31.78. The following table provides
information about BRRR’s redemptions by Authorized Participants during the three months ended September 30, 2025:
Calendar Month
Number
of Shares
Redeemed
Average
Price
Paid per
Share
July 2025
—
$ —
August 2025
435,000
32.31
September 2025
310,000
31.03
Total
745,000
$ 31.78
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.