From the commencement

Year Ended

of operations (September 15, 2022)

December 31, 2023

through December 31, 2022

Per Share Operation Performance

Net asset value at beginning of period

$

21.40

$

25.00

Income (loss) from investment operations:

Investment income

1.59

0.19

Net realized and unrealized gain (loss) on cryptocurrency futures contracts

28.09

(3.73

)

Total expenses, net

(0.34

)

(0.06

)

Net increase (decrease) in net asset value

29.34

(3.60

)

Net asset value at end of period

$

50.74

$

21.40

Total Return

137.06

%

(14.39

)%

Ratios to Average Net Assets (Annualized)

Total expenses

15.34

%

17.60

%

Total expenses, net

0.94

%

0.94

%

Net investment income

3.46

%

1.90

%