v3.25.1
STATEMENT OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 5 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Decrease in net assets from operations:    
Net investment loss [1] $ (1,398)  
Net realized gain on investment in Bitcoin sold to pay expenses 302 [1] $ 204
Net realized gain on investment in Bitcoin sold for redemption of Shares 33,734 [1] 90,723
Net change in unrealized appreciation on investment in Bitcoin (524,750) [1] 889,077
Net decrease in net assets resulting from operations [2] (492,112)  
Increase in net assets from capital share transactions:    
Shares issued [2] 500,979  
Shares redeemed [2] (212,091)  
Net increase in net assets resulting from capital share transactions [2] 288,888  
Total decrease in net assets from operations and capital share transactions [2] (203,224)  
Net assets:    
Beginning of period [2] 3,550,034  
End of period [2] $ 3,346,810 $ 3,550,034
Change in Shares outstanding:    
Shares outstanding at beginning of period [2] 85,769,963  
Shares issued [2] 11,360,000  
Shares redeemed [2] (5,500,000)  
Net increase in Shares [2] 5,860,000  
Shares outstanding at end of period [2] 91,629,963 85,769,963
[1] No comparative financial statements have been provided as the Trust’s operations commenced on July 31, 2024. Prior to the commencement of operations on July 31, 2024, the Sponsor redeemed the initial seed capital of 10,000 shares for $100,000.
[2] No comparative financial statements have been provided as the Trust’s operations commenced on July 31, 2024. Prior to the commencement of operations on July 31, 2024, the Sponsor redeemed the initial seed capital of 10,000 shares for $100,000.