The Initial Distribution from the Grayscale Bitcoin Trust ETF - Additional Information (Details) |
3 Months Ended | |||||
|---|---|---|---|---|---|---|
Nov. 19, 2024 |
Jul. 31, 2024
USD ($)
Bitcoin
$ / shares
shares
|
Jul. 30, 2024 |
Jul. 19, 2024 |
Mar. 31, 2025
$ / shares
|
Dec. 31, 2024
$ / shares
|
|
| Distribution Made to Limited Liability Company (LLC) Member [Line Items] | ||||||
| Reverse share split | On November 19, 2024, the Trust completed a 1-for-5 Reverse Share Split of the Trust’s issued and outstanding Shares. In connection with the Reverse Share Split, shareholders of record on November 19, 2024 received one Share of the Trust for every five Shares held. | |||||
| Reverse stock split, conversion ratio | 0.2 | |||||
| Exchange price per share | $ / shares | $ 36.53 | $ 41.39 | ||||
| BTC Trust [Member] | ||||||
| Distribution Made to Limited Liability Company (LLC) Member [Line Items] | ||||||
| Initial distrubition, description | On July 19, 2024, the Sponsor of the Trust at the direction of its board of directors declared a pro rata distribution on the Shares of the Trust, pursuant to which each holder of Grayscale Bitcoin Trust ETF (“GBTC”) shares as of 4:00 PM ET on July 30, 2024 (the “Record Date”) was entitled to receive Shares of the Trust, in connection with its previously announced initial creation and distribution of Shares of the Trust (such transactions collectively, the “Initial Distribution”). | |||||
| Percentage of bitcoin distributed by the trust | 10.00% | |||||
| Previously announced shares distributed | shares | 60,738,020 | |||||
| Reverse share split | 1-for-5 | |||||
| Reverse stock split, conversion ratio | 0.2 | |||||
| Amount of bitcoin distributed by the trust | Bitcoin | 26,935.83753443 | |||||
| Value of bitcoin distributed by the trust | $ | $ 1,756,821,047 | |||||
| Exchange for stock issuance | shares | 60,738,020 | |||||
| Exchange price per share | $ / shares | $ 28.92 | |||||
| BTC Trust [Member] | Dividend Distribution [Member] | ||||||
| Distribution Made to Limited Liability Company (LLC) Member [Line Items] | ||||||
| Declared date | Jul. 19, 2024 | |||||
| Record date | Jul. 30, 2024 |