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 403 Creation Baskets (comprising 4,030,000 Shares) during the quarter ended March 31, 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
January 1, 2026 – January 31, 2026
2,220,000
$ 21.29
N/A
February 1, 2026 – February 28, 2026
60,000
$ 15.82
N/A
March 1, 2026 - March 31, 2026
1,750,000
$ 13.68
N/A
Market Information
The Shares are listed on the
Exchange under the symbol “TOXR” and have been listed since December 11, 2025.
Holders
As of March 31, 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.