−Removed: Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: September 22, 2025, Seed Capital Investor purchased 40,000 Seed Shares in a transaction
−Removed: exempt from registration under Section 4(a)(2) of the Securities Act of 1933 (the “Securities
−Removed: Total proceeds to the Trust from the sale of the Seed Shares was $1,000,000.
−Removed: The Seed Capital Investor acted as a statutory underwriter
−Removed: in connection with the Seed Shares.
−Removed: On October 27, 2025, the Trust purchased $1,000,000
−Removed: of LTC with the proceeds of the Seed Shares.
+Added: Unregistered Sales of Equity Securities and
+Added: Use of Proceeds.
+Added: b) Not applicable.
+Added: c) The Trust does not purchase Shares directly from its Shareholders.
+Added: In connection with its redemption of Baskets held by Authorized Participants, the Trust redeemed 4 Baskets (comprising 40,000 Shares)
+Added: during the three-month period ended March 31, 2026.
+Added: The following table summarizes the redemptions by Authorized Participants during
+Added: Shares Redeemed
+Added: Average Price
+Added: Paid per Share
+Added: Maximum number of shares
+Added: that may yet be purchased
+Added: February 2026
Defaults Upon Senior Securities.
Mine Safety Disclosures.
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.