The abrdn Gold ETF Trust's Net Asset Value (NAV) increased by 95.22% from $3,756,119,448 at December 31, 2024, to $7,332,589,978 at December 31, 2025. The price per ounce of gold rose by 65.00% from $2,610.85 at December 31, 2024, to $4,307.95 at December 31, 2025. Outstanding Shares increased from 150,700,000 at December 31, 2024, to 178,600,000 at December 31, 2025, with 40,200,000 Shares created and 12,300,000 Shares redeemed during the year. The NAV per Share increased by 64.77% from $24.92 at December 31, 2024, to $41.06 at December 31, 2025. Net assets from operations for the year ended December 31, 2025, increased by $2,653,692,212. The Sponsor's Fee for 2025 was $9,255,459, representing an annualized rate of 0.17% of the Trust's Adjusted Net Asset Value (ANAV). The amendment (Form 10-K/A) was filed solely to include KPMG's audit report on the financial statements, which was inadvertently omitted from the original filing.