$VAVX
VanEck Avalanche ETF
CIK:0002060717|SEC Filings
Statements of Operations - USD ($) |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2026 |
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| Investment Income | ||||||
| Staking income | [1] | $ 130,811 | $ 185,683 | |||
| Total investment income | [1] | 130,811 | 185,683 | |||
| Expenses | ||||||
| Sponsor fee, related party | [1] | 6,612 | 9,502 | |||
| Staking fee | [1] | 5,240 | 7,435 | |||
| Total expenses | [1] | 11,852 | 16,937 | |||
| Sponsor fee waiver, related party | [1] | 0 | (956) | |||
| Net expenses | [1] | 11,852 | 15,981 | |||
| Net investment income | [1],[2] | 118,959 | 169,702 | |||
| Net realized loss on: | ||||||
| Avalanche distributed for Staking fee | [1] | 0 | 0 | |||
| Avalanche sold for redemption of shares | [1] | 0 | 0 | |||
| Avalanche distributed for Sponsor fee, related party | [1] | (616) | (616) | |||
| Net realized loss from investment in avalanche | [1],[2] | (616) | (616) | |||
| Net change in unrealized appreciation (depreciation) from investment in avalanche | [1],[2] | (4,039,735) | (4,982,975) | |||
| Net realized loss and net change in unrealized appreciation (depreciation) | [1] | (4,040,351) | (4,983,591) | |||
| Net decrease in net assets resulting from operations | [1],[2] | $ (3,921,392) | $ (4,813,889) | |||
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Statements of Assets and Liabilities - USD ($) |
Jun. 30, 2026 |
Dec. 31, 2025 |
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|---|---|---|---|---|---|---|
| Assets | ||||||
| Investment in avalanche, at fair value (cost $16,534,160, and $2,500,000, respectively) | $ 11,568,748 | $ 2,517,563 | ||||
| Total assets | 11,568,748 | 2,517,563 | ||||
| Liabilities | ||||||
| Accrued Staking fee | 3,785 | 0 | ||||
| Accrued Sponsor fee | 1,935 | 0 | ||||
| Total liabilities | 5,720 | 0 | ||||
| Net assets | [1] | $ 11,563,028 | $ 2,517,563 | |||
| Shares issued (in Shares) | 825,000 | 100,000 | ||||
| Shares outstanding (in Shares) | 825,000 | 100,000 | ||||
| Net Asset Value per Share (in Dollars per share) | [2] | $ 14.02 | $ 25.18 | |||
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