v3.26.1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Significant Accounting Policies [Abstract]  
Summary of Fair value Hierarchy

The following is a summary of the fair value hierarchy as of December 31, 2025:

 

  December 31, 2025  Level 1   Level 2   Level 3   Total 
  Assets                    
  Investment in AVAX  $2,517,563   $—   $—   $2,517,563 
Schedule of Changes in Quantity of AVAX and Fair Value

The following represents the changes in quantity of AVAX and the respective fair value:

 

   AVAX   Fair Value 
Beginning balance as of November 20, 2025(a)   —   $— 
AVAX purchased   206,019.90    2,500,000 
AVAX sold   —    — 
Net unrealized appreciation (depreciation) from investment in AVAX   —    17,563 
Net realized loss on investment in AVAX   —    — 
Ending balance as of December 31, 2025   206,019.90   $2,517,563 

 

  (a)Date of seeding, the Trust did not hold any AVAX as of November 20, 2025.