Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | |
|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
|
| Investment income: | ||
| Investment income | $ 0 | $ 0 |
| Expenses: | ||
| Sponsor's Fee, related party | 68,939 | 94,878 |
| Net investment loss | (68,939) | (94,878) |
| Net realized and unrealized (loss) gain from: | ||
| Net realized gain on investment in Bitcoin sold to pay expenses | 57,881 | 73,632 |
| Net realized gain on investment in Bitcoin sold for redemption of Shares | 1,029,931 | 11,695,719 |
| Net change in unrealized appreciation on investment in Bitcoin | (3,218,384) | 475,553 |
| Net realized and unrealized (loss) gain on investment | (2,130,572) | 12,244,904 |
| Net (decrease) increase in net assets resulting from operations | $ (2,199,511) | $ 12,150,026 |
| X | ||||||||||
- Definition Investment Income. No definition available.
|
| X | ||||||||||
- Definition Net assets from operations increase decrease. No definition available.
|
| X | ||||||||||
- Definition Net Realized And Unrealized Gain Loss No definition available.
|
| X | ||||||||||
- Definition Realized investment gains losses sold for redemption of shares. No definition available.
|
| X | ||||||||||
- Definition Realized investment gains losses sold to pay expenses. No definition available.
|
| X | ||||||||||
- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Fees paid to advisors who provide certain management support and administrative oversight services including the organization and sale of stock, investment funds, limited partnerships and mutual funds. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|