A Delaware statutory trust, formed on September 18, 2020. The Trust primarily holds Diamond Standard Bars and Coins and is expected from time to time to issue Share Baskets in exchange for deposits of Diamond Standard Bars and Coins and to distribute Diamond Standard Bars and Coins in connection with redemptions of Share Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the market price of Diamond Standard Bars and Coins, less the Trust's expenses.