STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2026	Mar. 31, 2025
Investment income:
Investment income	$ 0	$ 0
Expenses:
Sponsor's Fee, related party	720	96
Net investment loss	(720)	(96)
Net realized and unrealized loss from:
Net realized gain (loss) on investment in ZEC	425	(202)
Net change in unrealized appreciation/depreciation on investment in ZEC	(100,700)	(6,884)
Net realized and unrealized loss on investment	(100,275)	(7,086)
Net decrease in net assets resulting from operations	$ (100,995)	$ (7,182)

Amount of realized and unrealized gain (loss) on investment.

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