Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds
a) None.
b) Not applicable.
c) The Trust does not purchase Shares directly from its Shareholders.
In connection with its redemption of Creation Units held by Authorized Participants, the Trust redeemed 0 Creation Units (comprising 0
Shares) during the period May 1, 2024 (initial seed creation) through June 30, 2024. The Sponsor redeemed 2 shares at a per-Share price
of $50.00 of the initial Seed Creation Basket on or about June 17, 2024. The following table summarizes the redemptions by Authorized
Participants during the period:
Period
Total Shares
Redeemed
Average Price
Per Share
Maximum
number of shares that
may yet be
purchased
April 1, 2024 – April 30, 2024
-
$ -
N/A
May 1, 2024 – May 31, 2024
-
$ -
N/A
June 1, 2024 – June 30, 2024
2
$ 50.00
N/A
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.