Invesco CurrencyShares Euro Trust is a grantor trust that provides institutional and retail investors with a simple, cost-effective way to gain investment exposure to the euro through exchange-traded shares that track the USD price of euro held in the Trust. The Trust holds euro directly without using derivatives, with shares created and redeemed in blocks through authorized participants, and trades on NYSE Arca with daily liquidity like standard securities. The Trust operates on a transparent fee structure, with the Sponsor charging an annual fee as a percentage of euro assets and covering all ordinary administrative and operating expenses, while generating revenue through the fee charged to shareholders for passive exposure to euro currency movements.