1 unchanged sentence
and Use of Proceeds
−Removed: Not applicable.
−Removed: The Trust does not purchase Shares directly from its Shareholders.
−Removed: In connection with its redemption of Creation Units held by Authorized Participants, the Trust redeemed 228 Creation Units (comprising 2,280,000 Shares) during the three-month period ended September 30, 2025.
−Removed: The following table summarizes the redemptions of Shares by Authorized Participants during the period:
−Removed: Average Price
−Removed: number of shares that
−Removed: July 1, 2025 – July 31, 2025
−Removed: August 1, 2025 – August 31, 2025
−Removed: September 1, 2025 – September 30, 2025
+Added: b) Not applicable.
+Added: c) The Trust does not purchase Shares directly from its Shareholders.
+Added: In connection with its redemption of Creation Baskets held by Authorized Participants, the Trust redeemed 206 Creation Baskets (comprising
+Added: 2,060,000 Shares) during the quarter ended March 31, 2026.
+Added: The following table summarizes the redemptions of Shares by Authorized Participants
+Added: during the period:
+Added: Total Shares Redeemed
+Added: Average Price Per Share
+Added: Maximum number
+Added: of shares that may
+Added: yet be purchased
+Added: January 1, 2026 – January 31, 2026
+Added: February 1, 2026 – February 28, 2026
+Added: March 1, 2026 - March 31, 2026
+Added: Market Information
+Added: The Shares are listed on the
+Added: Exchange under the symbol “TETH” and have been listed since July 23, 2024.
+Added: As of March 31, 2026, there was approximately
+Added: one DTC participating shareholder of record of the Trust.
+Added: Because most of the Trust’s Shares are held by brokers and other institutions
+Added: on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
Defaults Upon Senior Securities
2 unchanged sentences
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.