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 authorized participants, the Trust redeemed 120 Baskets (comprising 600,000 Shares) during the three months ended March 31, 2026, at an average price per Share of $20.68. The following table provides information about BRRR’s redemptions by authorized participants during the three months ended March 31, 2026:
Calendar Month
Number
of Shares
Redeemed
Average
Price
Paid per
Share
January 2026
150,000
$ 25.27
February 2026
240,000
18.91
March 2026
210,000
19.43
Total
600,000
$ 20.68
15
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.