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 Baskets held by Authorized Participants, the Trust redeemed 217 Creation Baskets (comprising 2,170,000 Shares) during the quarter ended June 30, 2026. The following table summarizes the redemptions of Shares 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, 2026 – April 30, 2026 1,600,000 $ 11.33 N/A
May 1, 2026 – May 31, 2026 250,000 $ 11.45 N/A
June 1, 2026 – June 30, 2026 320,000 $ 8.73 N/A
Market Information
The Shares are listed on the Exchange under the symbol “TETH” and have been listed since July 23, 2024.
Holders
As of June 30, 2026, there was approximately one DTC participating shareholder of record of the Trust. Because most of the Trust’s Shares are held by brokers and other institutions on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
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.