v3.25.4
Fees and Expenses
Jan. 22, 2026
CoinShares Bitcoin and Ether ETF  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses of the Fund
Expense Narrative [Text Block]

This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Fund (“Shares”). Investors may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and example set forth below.

 

Expenses Restated to Reflect Current [Text] These amounts have been restated to reflect current fees.
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
   
Management Fees 0.95%
Distribution and Service (12b-1) Fees 0.00%
Acquired Fund Fees and Expenses 0.03%
Other Expenses(1) 0.29%
Total Annual Fund Operating Expenses 1.27%
(Less Fees Waived/Expenses Reimbursed) 0.00%
Total Annual Operating Expenses After Fees Waived/Expenses Reimbursed(2) 1.27%
(1)“Other Expenses” consist entirely of futures commission merchant capital charges and interest expense incurred from reverse repurchase agreements. These amounts have been restated to reflect current fees.

(2)These amounts have been restated to reflect current fees.

 

Expense Example [Heading] EXAMPLE
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

 

This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain at current levels. This example does not include the brokerage commissions that investors may pay to buy and sell Shares.

 

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:
Expense Example, With Redemption [Table]
  1 Year 3 Years 5 Years 10 Years
Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: $129 $403 $697 $1,534

 

Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The Fund pays transaction costs, such as commissions, when it purchases and sells securities (or “turns over” its portfolio). A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, may affect the Fund’s performance. During the fiscal year ended September 30, 2025, the Fund’s portfolio turnover rate was 0% of the average value of its portfolio.

 

Portfolio Turnover, Rate none
CoinShares Bitcoin Mining ETF  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses of the fund
Expense Narrative [Text Block]

This table describes the fees and expenses that you may pay if you buy, hold or sell shares of the Fund (“Shares”). Investors may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and example set forth below.

 

Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
       
Management Fees   0.75%  
Distribution and Service (12b-1) Fees   0.00%  
Other Expenses   0.00%  
Total Annual Fund Operating Expenses   0.75%  

 

Expense Example [Heading] EXAMPLE
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

 

This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain at current levels. This example does not include the brokerage commissions that investors may pay to buy and sell Shares.

 

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:
Expense Example, With Redemption [Table]
  1 Year 3 Years 5 Years 10 Years
Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: $77 $240 $417 $930

 

Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The Fund pays transaction costs, such as commissions, when it purchases and sells securities (or “turns over” its portfolio). A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, may affect the Fund’s performance. During the fiscal year ended September 30, 2025, the Fund’s portfolio turnover rate was 40% of the average value of its portfolio.

 

Portfolio Turnover, Rate 40.00%