What changed 10-K

Item 8. Financial Statements and Supplementary Data

2026-03-27 compared with 2025-03-28 · 11 added, 5 removed, 28 unchanged (36% of the section changed)

Financial Statements

The audited financial statements required by Regulation

S-X, with the report of the Trust’s independent registered public accounting firm, appear on pages F-1 to F-13 of this Report and

are incorporated in this Item 8 by reference to such information.

The audited financial statements required by

Regulation S-X, with the report of the Trust’s independent registered public accounting firm, appear on pages F-1 to F-14 of this

Report and are incorporated in this Item 8 by reference to such information.

VanEck Merk Gold ETF

7 unchanged sentences

Net change in unrealized appreciation (depreciation) on investment in gold bullion

1,085,411,124

Net realized and unrealized gain (loss) from operations

1,097,695,234

Net Increase (Decrease) in Net Assets resulting from operations

1 unchanged sentence

$ (4,813,216 )

$ 387,960,218

$ 471,756,411

$ 1,092,864,123

VanEck Merk Gold ETF

10 unchanged sentences

$ 127,858,849

Changes in and Disagreements with Accountants

on Accounting and Financial Disclosure

$ 313,148,132

Changes in and Disagreements with

Accountants on Accounting and Financial Disclosure

There have been no changes in accountants and

1 unchanged sentence

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.