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1. CTWO COTWO ADVISORS PHYSICAL EUROPEAN CARBON ALLOWANCE TRUST 10-K 2026-03-02

   Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

   tariffs levied by the United States on the European Union (“EU”), (iii) currency fluctuations resulting from both interest rate uncertainty
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2. CTWO COTWO ADVISORS PHYSICAL EUROPEAN CARBON ALLOWANCE TRUST 10-Q 2025-10-15

   Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

   tariffs levied by the United States on the European Union (iii) Currency fluctuations resulting from both interest rate uncertainty and ongoing
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