UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
                   
                   
                   
                   
SCHEDULE 13G
                   
                   
Under the Securities Exchange Act of 1934
                   
                   
(Amendment No. ___)*
                   
                   
CURRENCYSHARES EURO TRUST
(Name of Issuer)
                   
ETP
(Title of Class of Securities)
                   
23130C108
(CUSIP Number)
                   
3/31/2015
(Date of Event Which Requires Filing of this Statement)
                   
Check the appropriate box to designate the rule pursuant to which this Schedule is  
filed:                  
                   
  T Rule 13d-1(b)            
                   
  £ Rule 13d-1(c)            
                   
  £ Rule 13d-1(d)            
                   
                   
                   
*     The remainder of this cover page shall be filled out for a reporting person's initial filing on this form  
       with respect to the subject class of securities, and for any subsequent amendment containing  
       information which would alter the disclosures provided in a prior cover page.      
                   
      The information required in the remainder of this cover page shall not be deemed to be ''filed'' for the
      purpose of Section 18 of the Securities Exchange Act of 1934 (''Act'') or otherwise subject to the  
      liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,   
      see the Notes.)                
 
 
                   
CUSIP No. 23130C108 13G Page 2 of 7 Pages
                   
                   
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

IndexIQ Advisors LLC
02-0811753
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) £
(b) £
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5. SOLE VOTING POWER
281,693
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
281,693
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
281,693
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
  £
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.27% (see response to Item 4)
12. TYPE OF REPORTING PERSON* (see instructions)
IA
                   
                   
*SEE INSTRUCTIONS BEFORE FILLING OUT
 
 
            Page 3 of 7 Pages
           
                   
Item 1(a). Name of Issuer:            
                   
    CurrencyShares Euro Trust          
                   
Item 1(b). Address of Issuer's Principal Executive Offices:      
                   
    805 King Farm Boulevard, Suite 600        
    Rockville, MD 20850          
                   
Item 2(a). Name of Persons Filing:          
Item 2(b). Address of Principal Business Office, or if None, Residence:  
Item 2(c). Citizenship            
                   
    IndexIQ Advisors LLC          
    800 Westchester Avenue Suite S-710        
    Rye Brook, NY  10573          
    (Delaware)            
                   
                   
Item 2(d). Title of Class of Securities:          
                   
    ETP              
                   
Item 2(e). CUSIP Number:            
                   
    23130C108            
                   
 
 
            Page 4 of 7 Pages
           
Item 3. If This Statement Is Filed Pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c),
  Check Whether the Person Filing is a:          
                   
  (a)  £ Broker or dealer registered under Section 15 of the Exchange
      Act (15 U.S.C 78o).        
  (b)  £ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
  (c)  £ Insurance company as defined in Section 3(a)(19) of the 
      Exchange Act (15 U.S.C. 78c).      
  (d)  £ Investment company registered under Section 8 of the  
      Investment Company Act of 1940 (15 U.S.C. 80a-8).  
  (e)  T An investment adviser in accordance with §240.13d-  
      1(b)(1)(ii)(E).          
  (f)  £ An employee benefit plan or endowment fund in accordance
      with §240.13d-1(b)(1)(ii)(F).      
  (g)  £ A parent holding company or control person in accordance
      with §240.13d-1(b)(1)(ii)(G).      
  (h)  £ A savings association as defined in Section 3(b) of the Federal
      Deposit Insurance Act (12 U.S.C. 1813);    
  (i)  £ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
  (j)  £ Group, in accordance with §240.13d-1(b)(1)(ii)(J).   
  If this statement is filed pursuant to Rule 13d-1 (c), check this box.  £  
                   
 
 
            Page 5 of 7 Pages
           
Item 4.   Ownership              
                   
If the percent of class owned, as of December 31 of the year covered by the statement,
or as of the last day of any month described in Rule 13d-1 (b) (2), if applicable, exceeds
five percent, provide the following information as of that date and identify those shares
which there is a right to acquire.            
                   
  (a) Amount beneficially owned: 281,693      
  (b) Percent of class: 11.27%      
  (c) Number of shares as to which such person has:      
    (i)    Sole power to vote or to direct the vote: 281,693    
    (ii)   Shared power to vote or to direct the vote: none    
    (iii)  Sole power to dispose or to direct the disposition of: 281,693  
    (iv)  Shared power to dispose or to direct the disposition of:  none  
                   
 
 
            Page 6 of 7 Pages
           
Item 5. Ownership of Five Percent or Less of a Class      
                   
  If this statement is being filed to report the fact that as of the date hereof the  
  reporting person has ceased to be the beneficial owner of more than five percent
  of the class of securities, check the following  £      
                   
Item 6. Ownership of More than Five Percent on Behalf of Another Person.    
                   
  If any other person is known to have the right to receive or the power to direct
  the receipt of dividends from, or the proceeds from the sale of, such  
  securities, a statement to that effect should be included in response to this  
  item and, if such interest relates to more than five percent of the class, such  
  person should be identified.  A listing of the shareholders of an investment  
  company registered under the Investment Company Act of 1940 or the  
  beneficiaries of employee benefit plan, pension fund or endowment fund is not
  required.              
                   
  Not applicable.              
                   
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security
  Being Reported on by the Parent Holding Company.      
                   
  Not applicable.              
                   
Item 8. Identification and Classification of Members of the Group.      
                   
  Not applicable.              
                   
Item 9. Notice of Dissolution of Group.          
                   
  Not applicable.              
                   
Item 10. Certification.              
                   
  By signing below I certify that, to the best of my knowledge and belief, the  
  securities referred to above were acquired and are held in the ordinary course of
  business and were not acquired and are not held for the purpose of or with the
  effect of changing or influencing the control of the issuer of the securities and  
  were not acquired and are not held in connection with or as a participant in any
  transaction having that purpose or effect.        
                   
 
 
            Page 7 of 7 Pages
           
                   
                   
      SIGNATURE      
                   
                   
  After reasonable inquiry and to the best of my knowledge and belief, I certify that
the information set forth in this statement is true, complete and correct.    
                   
                   
Dated this 8th day of April, 2015            
                   
                   
          IndexIQ Advisors LLC    
                   
          By: /s/ Adam S. Patti  
                Adam S. Patti  
                CEO