Statements of Operations - USD ($)	3 Months Ended
Statements of Operations - USD ($)	Apr. 30, 2025	Apr. 30, 2024
Expenses
Sponsor’s fees	$ 893,967	$ 516,393
Total expenses	893,967	516,393
Net investment loss	(893,967)	(516,393)
Net realized and unrealized gain (loss)
Net realized gain from gold bullion distributed for redemptions	3,223,795	62,679
Net change in unrealized appreciation (depreciation) on investment in gold bullion	235,630,882	97,950,683
Net realized and unrealized gain (loss) from operations	238,854,677	98,013,362
Net increase (decrease) in net assets resulting from operations	$ 237,960,710	$ 97,496,969

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

VanEck Merk Gold ETF 10-Q